Jagjanani Textiles has informed that, the Company has received Adjudication Order from the Securities and Exchange Board of India for violation of the provisions of the LODR and SAST Regulations. In this connection, it has informed that a penalty of Rs. 7,00,000/- has been imposed on the Company. The details of the above penalty, as required under Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations is enclosed as an Annexure A.
The above information is a part of company’s filings submitted to BSE.