Par Drugs and Chemicals Limited — Others, 19-06-2025: Action(s) initiated or orders passed

Par Drugs and Chemicals Limited has announced a board meeting on the financial results for the quarter and half-year. Recently, the company’s promoter and independent director met with SEBI officials regarding its earlier disclosure about the slump sale agreement with Phal-Jig Fine Chemicals Private Limited involving land, building, plant and machinery, and related assets. The management provided all necessary details, and SEBI confirmed no violations were found but will seek further information via formal communication. This engagement reflects ongoing regulatory compliance and transparency in the company’s asset divestment process.