Disclosure under Regulation 30A of LODR-Clarification regarding inadvertent reference to SEBI in Warning letter communication .
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Kimia Biosciences clarified that a warning letter it had earlier attributed to SEBI was actually issued by BSE, not SEBI. The original warning was issued under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations for failing to disclose an extension intimation and not submitting the ROC Delhi extension letter to the exchange. BSE has asked the company to be more careful with future disclosures and to place the letter before its Board. This is a procedural compliance warning rather than a penalty or enforcement action.
The correction removes any misleading impression of a SEBI action. The underlying issue is a minor compliance lapse on disclosure timing, which is unlikely to materially affect the stock price or shareholder interests.