Capricorn Announces Order Issued by the Securities & Exchange Board of India

Source: www.gulfoilandgas.com 3/13/2024, Location: Europe

Capricorn Energy PLC 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.

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