13 Mar 2024 16:05
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Capricorn Energy PLC ("Capricorn" or the "Company")
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Order issued by the Securities and Exchange Board of India
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Capricorn Energy PLC today 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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A copy of the order is available on the SEBI website here: www.sebi.gov.in/enforcement/orders/mar-2024/final-order-in-the-matter-of-non-payment-of-dividend-to-cairn-uk-holdings-limited_82168.html.
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Ends
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Enquiries to:
 Analysts / Investors |  |
Nathan Piper, Commercial Director | Tel: 0131 475 3000 |
 | |
 Media |  |
Diana Milford, Corporate Affairs | Tel: 0131 475 3000 |
 |  |
Billy Clegg/Owen Roberts, Camarco | Tel: 0203 757 4980 |
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About Capricorn Energy PLC
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Capricorn is an Egypt-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Western Desert with a producing position in the UK North Sea.
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For further information on Capricorn please see: www.capricornenergy.com
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