Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Olympic Oil Industries has informed that the Company has received Show cause Notice for Defaulting Merchanting Trade Transactions from Reserve Bank of India under Master Direction on Import of Goods and Services no. 17/2016-17 dated January 01, 2016.
The above information is a part of company’s filings submitted to BSE.