Netweb Technologies India Limited — Important, 28-03-2025: Updates

Netweb Technologies India Limited has received cautionary letters from the BSE and NSE regarding late filings related to scheduled investor/analyst meetings on May 21, 2024, and July 29, 2024. The exchanges have emphasized that these intimation submissions did not comply with the required two-working-day notice period as outlined in SEBI regulations. The severity of this non-compliance raises concerns, and the company has been advised to enhance due diligence to prevent future lapses. Steps will be taken to address these concerns and comply with all regulatory requirements. Implications for the company include a push to strengthen internal processes and governance, fostering a more robust framework for future communications with investors. Watch closely for how the company implements corrective measures and maintains transparency moving forward.