Libas Consumer Products : Disruption of operations

National Stock Exchange of India Ltd.

Exchange Plaza, C-1, Block G,

Bandra Kurla Complex,

Bandra (E), Mumbai - 400051

Scrip Symbol - LIBAS

Series: EQ

Sub: Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015:

Intimation for disruption of Operation at our Bhiwandi warehouse

This is to inform you that warehouse operations at our Bhiwandi unit has been disrupted from August 17, 2022 due to floods caused by heavy rain in the region.

The company has ascertained damage of INR 75 lakh of cloth and accessories and taking necessary steps to restart operations. The Company has insurance cover for the same.

We request you take this on your record.

For & on behalf of

Libas Consumer Products Ltd.

Riyaz Eqbal Ahmed Ganji
(Whole-time Director)	Mumbai
(DIN: 02236203)	August 19, 2022

Annexure A

Report by Libas Consumer Products Limited for violation related to Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015

Schedule B read with Regulation 9 (1) of SEBI (Prohibition of Insider Trading) Regulations, 2015

Sl.	Particulars	Details
No.
1	Name of the Listed company	Libas Consumer Products Limited
2	Reporting in capacity of	Listed Company
	Listed Company or
	Intermediary or
	Fiduciary

• A. Details of Designated Person (DP)

i.	Name of the DP	Seetharam Shetty
ii.	PAN of the DP	AUNPS7219Q
iii.	Designation of DP	None
iv.	Functional role of DP	None

1. Whether DP is Promoter or Promoter belongs to Promoter Group

• B. If reporting for immediate relative of DP

i.	Name of immediate relative of DP	Not Applicable
ii.	PAN of immediate relative of DP	Not Applicable
C.	Details of Transaction
i.	Name of the scrip	LIBAS CONSUMER PRODUCTS
		LIMITED
		NSE: LIBAS (EQ)
		BSE: Not Listed

1. No. of Shares traded and value Purchased 1,000 (One thousand) equity

(INR) (date wise)	shares	at	INR	27.48	per	share
	aggregating INR 27,480/- (Twenty
	Thousand four hundred eighty only) on
	May 16, 2022.
	Purchased 4,000 (Four thousand) equity
	shares	at	INR	27.00	per	share
	aggregating INR 108,000/- (One lakh
	eight thousand only) on May 30, 2022.

The DP is a 'Promoter' of the Company. Notwithstanding the above, the DP is neither involved in any of the decisions of the Company nor takes part in control of any affairs of the Company. As submitted by him, the purchase of shares by him during the period of closure of Trading Window was entirely inadvertent. However, the same is a

Not Applicable

D. In case value of trade(s) is more than Rs. 10 lacs in a calendar Quarter

i. Date of intimation of trade(s) by Not Applicable

concerned DP/ director/ promoter/ promoter group to Company under regulation 7 of SEBI (PIT) Regulations, 2015

ii. Date of intimation of trade(s) by Company to stock exchanges under regulation 7 of SEBI (PIT)Regulations, 2015

4	Details of violations observed under Code of	Purchased 5,000 equity shares of the
	Conduct	Company during the Trading Window
		closure period. (Trading Window was
		closed from April 1, 2022 till completion
		of 48 hours after declaration of the
		Audited financial results for the quarter
		and year ended March 31, 2022)
5	Action taken by Listed company/	The Company by its email to Mr.
	Intermediary/ Fiduciary	Seetharam Shetty asked him to ensure
		that no further trading/contra-

trading/dealing in shares of the Company till February 28, 2023 is done by her, i.e. for 9 (nine) months from the end of the month in which the purchase of shares was made. Further, he has also been advised to strictly comply with the Insider Trading Regulations and the subject Code of Conduct of the Company and ensure that the same is not violated by her in future and also warned that any non-compliance would result in stringent disciplinary action.

• Reasons recorded in writing for taking action stated above

violation in terms of the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and considering all aspects including her submission that he was inadvertently not aware of the closure of Trading window and the purchase at such time was unintentional and also the fact that it is the first case of violation, the Company has taken the aforesaid action.

• Details of the previous instances of None violations, if any, since last financial year

• If any amount collected for Code of Conduct violation(s)
• 1. Mode of transfer to SEBI - IPEF (Online/Demand Draft)
  2. Details of transfer/payment

In case of Online

	Particulars	Details
	Name of the Transferor	Not Applicable
	Bank Name, Brach and Account Number	Not Applicable
	UTR	Not Applicable
	Transaction Date	Not Applicable
	In case of Demand Draft
	Particulars	Details
	Bank Name and Branch	Not Applicable
	DD Number	Not Applicable
	DD Date	Not Applicable
	DD amount (INR)	Not Applicable
9	Any other relevant information	Mr. Seetharam Shetty has confirmed that
		the subject purchase was an inadvertent
		trade made without intent to violate the
		Company's Insider Trading Policy or the
		SEBI (Prohibition of Insider Trading)
		Regulations, 2015 and also he was not in
		possession of any Unpublished Price
		Sensitive Information (UPSI) of the
		Company while making the aforesaid
		purchase of shares.