Sahara Housingfina Corporation Ltd — Important, 04-11-2025: Company Update
04-11-2025 | 02:22 pm
04-11-2025 | 02:22 pm
The company clarified a query from the exchange concerning the timely disclosure of a material event. It explained that a penalty of Rs. 50,000 imposed by the Reserve Bank of India falls under a category that permits quarterly disclosure, not immediate notification within 24 hours. The company stated that fines below a specific threshold (Rs. 1 lakh for sectoral regulators) can be reported quarterly, and it adhered to this by disclosing the penalty within the relevant quarter. This update assures investors that the company maintains compliance with disclosure regulations for minor events.
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