Nilachal Refractories Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Niraj Jalan informs that a proposed inter-se share transfer, previously scheduled for processing, could not be completed. The deferment is due to ongoing KYC formalities for both the transferor and transferee, which are delaying the activation of their demat accounts. The company states that the share transfer will proceed once these KYC requirements are fully met and the demat accounts are activated. There are no other reasons for this delay.