ALPHA TRIBE

Shanti Educational Initiatives LtdImportant, 02-07-2026: Company Update

02-07-2026 | 04:12 am

Shanti Educational Initiatives Limited's promoters, Mr. Vedprakash Devkinandan Chiripal and Mrs. Savitridevi V Chiripal, have received a final order from SEBI. Each promoter faces a monetary penalty of Rs. 5 lakh and a four-year ban from accessing the securities market and dealing in securities. The company believes this order will not have a material financial or operational impact. The promoters retain the right to appeal this decision. This update informs shareholders about regulatory action concerning key individuals without directly affecting company operations.

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