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| Exchange Disseminated Time | With reference to the news article on Business Standard, dated September 23, 2014 titled "Sebi slaps penalty of Rs. 77 lakh on 16 entities", Ybrant Digital Ltd has clarified to BSE as under :
"Ybrant Digital (formerly LGS Global Limited), nor any previous management or current management had any knowledge or participation in any fraudulent trades or any events thereof. This was an event that took place before the Ybrant/LGS merger. Ybrant strictly adheres to and believes in fair trade and ethical trade practices." |
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