Pursuant to Regulation 30 read with Clause 20 of Para A of Schedule III of SEBI Listing Regulations, Shikhar Leasing & Trading has informed that the company has received an email from BSE for levying fine of Rs 10,73,800 (inclusive of GST) for non-compliant of Regulation 38 (Compliance with requirement of Minimum Public Shareholding (MPS). The required details under SEBI Circular no. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023 are enclosed as ‘Annexure A’.
The above information is a part of company’s filings submitted to BSE.