Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sybly Industries has informed that the Honorable Securities Appellate Tribunal (SAT) has pronounced its judgement dated 14.07.2022, intimated/ uploaded on 21.07.2022, in case of Public Issue of GDR by the Company during the FY 2008-2009 by reducing Penalty on the Company to Rs 25 Lakh from Rs 10.30 Crore as imposed by the Adjudication Officer of SEBI vide an order No. Order/SRP/AE/2018-19/2397 dated 15/03/2019 and reducing the Debarment period from accessing the securities market from 5 years to the period undergone. Order of Securities Appellate Tribunal (SAT) dated 14.07.2022 and uploaded on its website on 21.07.2022 is enclosed.
The above information is a part of company’s filings submitted to BSE.