Decipher Labs Ltd — Important, 20-09-2025: Company Update
20-09-2025 | 04:49 pm
20-09-2025 | 04:49 pm
Decipher Labs announced that the Securities Appellate Tribunal (SAT) has provided relief in an appeal against a previous SEBI order. SAT ruled that there will be no coercive action to recover penalty amounts from two directors, Mr. Janakiram Ajjarapu and Mr. Sushant Mohan Lal, if they deposit 50% within four weeks. The directors are also permitted to sell shares to comply. Crucially, SAT stayed the SEBI restriction preventing Decipher Labs from dealing in securities for one year. The company states this SAT order has no impact on its financial, operational, or other activities.
No comments yet. Be the first to comment!
