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SUULD_01062023181638_IntimationAdjudicationSIL
SUULD_01062023181638_IntimationAdjudicationSIL
To
The Compliance Department,
National Stock Exchange of India Limited,
Exchange Plaza, Plot No. C/1,
Block‐G Bandra‐Kurla Complex,
Bandra (E), Mumbai‐400051.
Symbol: SUULD
Subject:
We take reference to the Adjudication Order No. Order/VV/AS/2023-24/26950-26951 dated May 31,
2023 passed by the Securities and Exchange Board of India ("SEBI") and in terms of the Listing
Regulations hereby inform that the Adjudication Proceedings initiated by SEBI in terms of the Show
Cause Notice bearing reference no. SEBI/EAD-9/SCN/VKV-AKS/OW/15465/1-2/2023 dated April 19,
2023, issued in the matter of Suumaya Industries Limited ("the Company") have been completed.
The detailed Order passed by the Adjudicating Officer is available on the website of SEBI.
The penalty of Rs. 1,00,000/- (Rupees One Lakh only) will be remitted by the Company within the
stipulated timeline detailed in the Order. The said Order is not expected to have any material impact
on the financial position of the Company.
Thanking you,
Yours faithfully,
For Suumaya Industries Limited
USHIK Digitally signed by
USHIK MAHESH GALA
MAHESH Date: 2023.06.01
GALA 17:32:13 +05'30'
Ushik Gala
Chairman & Managing Director
DIN: 06995765
Registered Office : Wing B, 20th Floor, Lotus Corporate Park, Near Jai Coach,
Western Express Highway, Goregaon, Mumbai – 400063
022 6921 8000 silinfo@suumaya.com www.suumaya.com