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Scan Steels Limited - Intimation Under Regulation 30 - Remittance Of Penalty, Levied In The Matter Of Trading In Illiquid Stock Options.<BR> <BR>
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16 Feb 2021
Further, to our Intimation dated 28th January, 2020 on the captioned subject, we wish to further inform you that, we have initiated remittance of sum of Rs. 21,13,399/- towards penalty levied on us against Adjudication order bearing ref no : Order/KS/AA/2019-20/6513 dated January 23, 2020 in the matter of Trading in Illiquid Stock Options on BSE. including interest as per our calculation from the date of order @12 % p.a vide Demand Draft no 048400 dated 12/02/2021 drawn on Punjab National Bank, Master canteen, Station Square, Bhubaneswar, Odisha.&lt;BR&gt; Pls. be Noted that We reiterate that a penalty of Rs. 18,80,000/- was levied on us as per the aforesaid order, for which we had preferred Appeal before Hon&apos;ble SAT and the remittance of Rs 21,13,399/- by us is without prejudice and not to be deemed as admission in any manner by us. The decision of Hon&apos;ble SAT is awaited in the appeal filed by us and shall not prejudice our rights in any manner whatsoever.&lt;BR&gt;
View all announcements for Scan Steels Limited Source: BSE India

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