Enclosed herewith disclosure under Reg. 30 of SEBI LODR.
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Olympic Oil Industries Ltd has informed the stock exchanges that it received a notice dated July 16, 2025 from the Serious Fraud Investigation Office (SFIO), asking the company to provide information as part of an investigation into its affairs under Section 212 of the Companies Act, 2013. The notice does not mention any specific violations or allegations. The company has stated that there is no material impact on its financial, operational, or other activities from this development. The disclosure was made by Whole-time Director Nipun Verma under SEBI LODR Regulation 30.
Although the company claims no material impact, an SFIO probe is a serious regulatory action that can create uncertainty for shareholders. Investors should monitor further developments as investigations can sometimes lead to penalties, reputational damage, or operational disruptions.