Onelife Capital Advisors Limited — Important, 29-03-2025: Disclosure of material issue
29-03-2025 · 05:47 pm
Onelife Capital Advisors Limited has announced a board meeting to address the recent SEBI Final Order, which imposes a one-year market access restriction on the company and its directors, Pandoo Naig and Prabhakara Naig. They will face a total penalty of INR 55 lakh. Additionally, the BSE and NSE levied a fine of INR 2.20 lakh on the company for a director appointment delay. These actions could affect the company's governance and market operations, potentially leading to investor caution given the regulatory scrutiny. However, the swift response by the board may foster a positive outlook among stakeholders.
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