This is to inform you that the Member and core Settlement Guarantee Fund Committee of National Stock Exchange of India Limited has passed an order dated July 14, 2023 against the Company, in respect of an alleged failure to monitor the operations of its Authorised person thereby resulting in alleged violation of the Capital Market Segment Regulations and Future and Options Segment Regulations of the Exchange read with Exchange circulars NSE/MEM/13429 dated November 9, 2009 and NSE/COMP/48356 dated June 9, 2021. It may be noted that the Order does not affect the existing business or the activities of the APs affiliated with the Company.The Company is evaluating various options available including filing an appeal against the order. The Company has always strived to and carried out its business in compliance with the extant laws and regulations in letter and spirit. The intimation is attached for your reference.