Williamson Magor & Company Limited - Reply to Clarification Sought

1 Aug 2022 , 12:00 AM

The Exchange had sought clarification from Williamson Magor & Company Limited with respect to announcement dated 08-Jul-2022 regarding General updates.On the basis of aforesaid disclosure, the Company was required to clarify the following:1. Withdrawal/cancellation or suspension of licence/approval by the regulatory or licensing authority, with reasons for such action, estimated impact (monetary or otherwise) on the listed entity and penalty, if any; 2. Subsequently, the listed entity shall inform the stock exchange(s), the actual impact (monetary or otherwise) along with corrective actions taken by the listed entity pursuant to the withdrawal, cancellation or suspension of the key license/ approval. The response of the company is attached.