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SEBI Notification: Pertaining to the IPO irregularities order of
2007, restraining Karvy Computershare's role as a Registrar to various corporate
IPO’s, SEBI has, on 3rd Feb 2014, disposed of the proceedings on this matter
pertaining to KCPL, without passing any further directions. SEBI clarified that
no fresh penalty will be imposed and the company can continue business as usual.
Hence, the matter has now come to a finality without any further implication or
impact on our business and the company continues to undertake regular business in
an unfettered manner.