Disclosure under Regulation 30 of the SEBI LODR, 2015
PRAVEG · price
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SEBI has issued a show cause notice dated August 19, 2025 to Praveg Limited under Rule 4(1) of the SEBI Inquiry and Penalties Rules, 1995 and Rule 4 of the SCRR Inquiry and Penalties Rules, 2005. The notice alleges that the company violated Clause I.A.3(a) of Annexure I to SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017 read with Regulation 11 of the LODR Regulations. These provisions typically relate to disclosure obligations and corporate governance compliance. The company has stated that the financial impact of the notice cannot be quantified at this stage. The matter is at the show cause stage, meaning SEBI has asked Praveg to respond before any final order is passed.
This is a regulatory overhang that creates near-term uncertainty for shareholders. If SEBI confirms the alleged violations, the company could face monetary penalties, directions, or other enforcement actions. Investors should track the company's response and any follow-up SEBI order.