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Silgo Retail LimitedImportant, 07-07-2025: General Updates

07-07-2025 | 01:47 pm

Silgo Retail has received an administrative warning from SEBI related to procedural lapses in approving related party transactions with its promoter’s firm, Creative Jewellery. The company crossed the materiality threshold before obtaining shareholder approval and promoters voted on these resolutions, which should have been abstained from. No financial or operational impact is expected. Silgo has assured stricter compliance measures going forward and the matter has been shared with its Board.

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