Sungold Capital Ltd — Important, 09-10-2025: Company Update

Sungold Capital announced SEBI’s final order regarding violations of takeover regulations by its promoter, Mr. Rajiv Kotia, and four related individuals. SEBI directed Mr. Kotia to sell 1.54% of SCL shares, which were acquired beyond the 15% threshold, with proceeds going to SEBI’s Investor Protection and Education Fund. The four related individuals are debarred from the securities market for three months. Sungold Capital stated this order has no material impact on the company’s financial or operational activities, bringing resolution to a long-standing regulatory issue.