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SEBI has imposed a penalty of ₹0.05 Cr jointly and severally on certain promoter and promoter-group entities of ULTRACAB (INDIA) LIMITED. This penalty addresses inadvertent non-disclosure of changes in their shareholding during the quarters ended September and December 2023. Crucially, this action has no material impact on the company's financial, operational, or other activities, as the penalty is levied directly on the promoter entities and not the company itself. This update addresses a compliance matter.