LCC Infotech Limited — Others, 04-07-2025: Action(s) taken or orders passed
04-07-2025 | 05:53 pm
04-07-2025 | 05:53 pm
LCC Infotech Limited has announced that SEBI imposed a penalty of Rs. 1 lakh on the company for filing incorrect shareholding patterns for eight quarters from FY19 Q1 to Q3 2020. The violation arose because a sale of 10,000 promoter shares in January 2018 was not reflected in the quarterly disclosures. The company attributed the omission to data unavailability during a trading suspension period and rectified the error in 2020-21. SEBI noted this was a repetitive violation but confirmed no financial or operational impact on the company’s business. LCC Infotech will continue normal operations.
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