Tatia Global Vennture Limited has received a final order from the Hon'ble Securities Appellate Tribunal (SAT) upholding the grounds of the Company against the appeal made by the Company challenging the SEBI Order dated May 28, 2021. The Company's stand has been vindicated by the Hon'ble SAT in its Order thereby holding to the fact that the Company is not a shell company wherein the BSE/MCA has arbitrarily listed the Company one among the list of cases. The Order further upheld and recorded the fact that there were no instances of any misdeed by the Company or its Management in any manner affecting the operations of the Company or causing any loss to any stakeholder at any point of time.

Further, the Hon'ble SAT has also de-recognized the negative observation of the Forensic Auditor on the basis of facts presented by the Company. inform that all the charges on the Board of Directors and Key Managerial Personnel of the Company has been set aside by the Hon'ble SAT. However, the Hon'ble SAT has upheld certain lapses related to compliance which were not intentional but such lapses occurred on account of procedural and technical issues on part of the Company and thus, restricted the penalty amount in total to INR 10,00,000 in the case.