Please find the attaced copy of Certificate from Independent Auditor in complinace to SEBI Order
BATLIBOI · price
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Awaiting price reaction for this filing.
Bhogilal Family Trust has submitted an Independent Auditor's certificate confirming compliance with SEBI exemption conditions granted on 5th July 2018. The exemption relates to an off-market inter se transfer of 25,00,000 shares (8.7060%) of Batliboi Ltd, transferred from Mr. Nirmal Bhogilal to Bhogilal Family Trust. This is a routine compliance filing to demonstrate ongoing adherence to the terms of the previously granted exemption under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transfer was executed nearly 8 years ago and this filing appears to be part of periodic compliance reporting requirements.
This filing has no direct impact on Batliboi Ltd's stock price as it relates to a historical off-market transfer already completed in 2018. It merely confirms compliance conditions were met, which is standard regulatory procedure for exempted transfers.