Business
Order issued by the SEBI
Order issued by the SEBI.
About this update from Capricorn Energy Plc
[{"type":"text","content":"\nFOR IMMEDIATE RELEASE 13 March 2024\n \n \n \nCapricorn Energy PLC (\"Capricorn\" or the \"Company\")\n \nOrder issued by the Securities and Exchange Board of India\n \nCapricorn Energy PLC today announces that the Securities and Exchange Board of India (SEBI) has issued an order dated March 12, 2024 related to the non-payment of a dividend to Capricorn UK Holdings Limited by Vedanta Limited (Vedanta). Vedanta has been ordered to pay approximately $9.5m within 45 days of the date of the order. Vedanta is entitled to challenge the order prior to expiry of the 45-day period.\n \nA copy of the order is available on the SEBI website here: www.sebi.gov.in/enforcement/orders/mar-2024/final-order-in-the-matter-of-non-payment-of-dividend-to-cairn-uk-holdings-limited_82168.html.\n \n \nEnds\n \n \n \nEnquiries to:\n\n\n\n\n \nAnalysts / Investors\n\n\n \n\n\n\n\nNathan Piper, Commercial Director\n\n\nTel: 0131 475 3000\n\n\n\n\n\n\n\n \n\n\n\n\n \nMedia\n\n\n \n\n\n\n\nDiana Milford, Corporate Affairs \n\n\nTel: 0131 475 3000\n\n\n\n\n \n\n\n \n\n\n\n\nBilly Clegg/Owen Roberts, Camarco\n\n\nTel: 0203 757 4980\n\n\n\n\n \n \nAbout Capricorn Energy PLC\n \nCapricorn is an Egypt-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Western Desert with a producing position in the UK North Sea.\n \nFor further information on Capricorn please see: www.capricornenergy.com\n \n \n\n","length":6240,"tagName":"div"}]