DHARAN INFRA-EPC LIMITED Reports Non-submission of Information Sought by SEBI from Directors and KMP

DHARAN INFRA-EPC LIMITED Reports Non-submission of Information Sought by SEBI from Directors and KMP

DHARAN INFRA-EPC LIMITED Reports Non-submission of Information Sought by SEBI from Directors and KMP​

DHARAN INFRA-EPC LIMITED (formerly known as KilC Global Limited) has informed stakeholders regarding the ongoing investigation by the Securities and Exchange Board of India (SEBI). The company stated that despite repeated summons and reminders issued, certain critical information remains unsubmitted.

The status update addresses the pending matter concerning SEBI's inquiry into the company. DHARAN INFRA-EPC LIMITED reported that the Suspended Directors, Key Managerial Personnel (KMP), and the Statutory Auditor have failed to furnish the requisite information, records, and data requested by SEBI within the stipulated timelines.

This development pertains to the investigation involving DHARAN INFRA-EPC LIMITED, which is currently operating under Corporate Insolvency Resolution Process (CIRP). The company confirmed that it will continue to keep Stock Exchanges apprised of any material developments in this matter as per applicable legal requirements.

DHARAN Stock Price Movement​

On Friday, DHARAN INFRA-EPC LIMITED saw its equity rally, with shares settling at ₹0.16 after gaining 6.67%. The stock recorded a total traded volume of 10.16 million shares during the session.
 

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