Mtar Technologies Limited — Important, 29-03-2025: Updates

MTAR Technologies has received cautionary communications from both the National Stock Exchange (NSE) and BSE regarding a delay in announcing an investor meeting scheduled for June 6, 2024. The exchanges noted that the company failed to provide the required notice of at least two working days in advance, contravening relevant SEBI regulations. While this non-compliance is taken seriously, the company indicated that there has been no quantifiable negative impact on its operations or financials. MTAR Technologies acknowledges the oversight and has emphasized its commitment to adhere to regulatory timelines moving forward, implementing measures to prevent such occurrences in the future. Investors should note the company's proactive stance in enhancing compliance and maintaining operational integrity.