Enclosed is an announcement related to Elixir Equities Private Limited, subsidiary of the Company.
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Elixir Capital Ltd has disclosed that its subsidiary, Elixir Equities Private Limited, is one of 111 stock brokers covered under SEBI's 'Settlement Scheme for Association with Certain Algo Platforms, 2025.' Under this scheme, each broker is required to pay a settlement amount of ₹1,00,000 (₹1 lakh). The Settlement Order was dated March 17, 2026, and the company learned of it via SEBI's website. The matter relates to the subsidiary's alleged association with certain algo platforms, seen as a violation of SEBI circulars and the SEBI (Stock Brokers) Regulations, 1992. The company has clarified that the order is not against Elixir Capital (the listed entity) and has no material impact on its financials, operations, or other business activities, other than the ₹1 lakh settlement amount.
Minimal impact for shareholders — the ₹1 lakh settlement amount is negligible for the company, and the order is against the subsidiary, not the listed entity. The disclosure is primarily a compliance formality and is unlikely to affect the stock price.