D B Realty has informed that Securities and Exchange Board of India (SEBI) has not accepted the settlement application vide its letter dated 14th June, 2023. Without prejudice to the outcome of the aforesaid settlement application, the Company/KMPs/NonIndependent Directors have already provided their response with SEBI in the matter and will proceed further under appropriate legal guidance. Accordingly, the matter is currently sub-judice before the appropriate authority. The intimation is being made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.