In compliance to the Para 90 (b) of Interim Order cum Show Cause Notice dated 25th April 2023 issued by the Securities and Exchange Board of India ('SEBI'), Shirpur Gold Refinery has informed that Punjab National Bank ('PNB') vide its letter dated 18.03.2020 had appointed Jain Jagawat Kamdar & Co. to carry out forensic audit of books and accounts of the Company on behalf of all the lenders of the Company. PNB has informed the Company that majority of the consortium lenders have duly accepted the final forensic audit report and no fraud was perceived/ detected. This disclosure is being made without prejudice to the rights and contentions of the Company that such disclosure was not mandatory as per the applicable laws and regulations.
The above information is a part of company’s filings submitted to BSE.
