SEPC Legal & Regulatory
The Madras High Court has lifted the attachment on ₹154 crore of SEPC's receivables following a dispute settlement, with no monetary outflow for the company.
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The Madras High Court has lifted the attachment on ₹154 crore of SEPC's receivables following a dispute settlement, with no monetary outflow for the company.
SEPC Limited settled long-standing legal disputes via a Rs.149.50 Crore compromise approved by the Madras High Court. This settlement resolves execution petitions and lifts a Rs.154 Crore attachment on receivables.
SEPC Limited received an administrative warning from SEBI regarding delayed disclosures of arbitration proceedings. The company reports no financial or operational impact from this action.
SEPC Ltd received interim directions from the Madras High Court permitting a bank consortium to appropriate ₹15.69 crore and allowing the company to utilize ₹2 crore for salaries. The company states it is indemnified against these matters, resulting in no direct quantifiable financial impact.
SEPC Limited received an Administrative Warning Letter from SEBI dated April 30, 2026. The warning relates to delayed disclosures of arbitration proceedings and a settlement agreement with Hindustan Copper Limited. The company stated it is committed to strengthening its compliance framework and ensuring timely disclosures in accordance with SEBI regulations.