MOFSL has received Show Cause Notice dated May 28, 2025 under Rule 4(1) of the SEBI (Procedure for Holding Inquiry and imposing penalties) Rules, 1995 in the matter of MOFSL for thematic inspection related to order placement conducted for the period January 1, 2024 to September 30, 2024. Based on findings of examination, SEBI initiated adjudication proceedings under section 15-I of SEBI Act 1992 against MOFSL. We have filed for settlement application and matter is currently pending.