Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEPC has informed that it enclosed the following document: A Press Release titled ‘Major Relief for SEPC as Madras High Court Lifts Attachment on ?154 Crore Receivables Following Dispute Settlement’. The Press Release highlights the attachment on the Company's receivables of ?154 crore has been removed with immediate effect, and all restrictions on its banking operations have been completely lifted. Importantly, the settlement involves no direct monetary outflow for SEPC, as the entire settlement amount has been paid by another party to the proceedings under a 2015 indemnity agreement. The said press release will be simultaneously posted on the Company’s website https://www.sepc.in/.
The above information is a part of company’s filings submitted to BSE.
