One 97 Communications Key Managerial Personnel have received a show cause notice from the Securities and Exchange Board of India (SEBI) regarding regulatory compliance issues linked to a corporate announcement made nearly three years ago. The notice, dated August 11, 2026, questions the timing of disclosure and the classification of certain information as unpublished price sensitive information (UPSI) under insider trading regulations.

The company filed a disclosure with the Bombay Stock Exchange and the National Stock Exchange on August 12, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The filing confirms that the Key Managerial Personnel, referred to as "Noticees" in the document, are currently evaluating the contents of the show cause notice.

Regulatory Context

The show cause notice was issued under Rule 4 of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995. It specifically addresses potential violations related to:

• Regulation 30(6)(iii) read with Regulation 30(4)(i)(c) of the SEBI Listing Regulations, concerning the timing of disclosure.
• Regulations 9A(1) and 9A(2)(b) read with Regulation 2(1)(n) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, regarding the classification of information as UPSI.

The scrutiny centers on the Company's Corporate Announcement dated December 06, 2023. The Noticees are required to submit their response to the show cause notice within 14 days from the date of receipt, which was August 11, 2026.

Financial Implications

In its disclosure, One 97 Communications stated that no financial impact on the listed company is expected from this regulatory action. The filing further noted that no penalty, restriction, or sanction has been imposed pursuant to the communication at this stage.

Sunil Kumar Bansal, Company Secretary and Compliance Officer of One 97 Communications, signed the disclosure, declaring that the information provided is true, correct, and complete to the best of his knowledge. The details of the show cause notice were enclosed in Form A as required by SEBI Master Circular Nos. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

one 97 communications recorded a notable block trade on the National Stock Exchange (NSE), with approximately 108,924 shares transacted at a price of ₹1410.00 per share. The total value of the block trade stood at ₹15.36 crores, reflecting significant institutional-level participation in the stock.

Block Trade Details

The following table summarizes the key parameters of the block trade executed on the NSE:

Block trades are typically executed by institutional investors or large market participants and are carried out outside the regular order book to minimize market impact. The transaction in One 97 Communications underscores continued interest in the stock at the current price levels.