General Updates

Date: 30.09.2026 Department of Corporate Services, Listing Compliance National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block Bandra -Kurla Complex, Bandra (E), Mumbai – 400 051. Ref: Scrip Code/ Symbol: DIL Subject: Intimation regarding Final Order passed by the Securities and Exchange Board of India (“SEBI”) in the matter of Debock Industries Limited. Dear Sir/Madam, Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Stock Exchange that the Company has received / taken note of the Final Order passed by the Securities and Exchange Board of India (“SEBI”) in the matter of Debock Industries Limited, bearing reference No. WTM/AS/CFID/CFID-SEC4/32684/2026-27. In the said Final Order, Naturo IndiaBull Limited has been named as Noticee No. 28. The material directions/orders applicable to the Company are summarized below: 1. SEBI has directed that Naturo IndiaBull Limited shall be debarred from accessing the securities market and shall be prohibited from buying, selling or otherwise dealing in securities, directly or indirectly, in any manner whatsoever, for a period of two (2) years from the date of the Final Order. 2. SEBI has imposed a monetary penalty of ₹50,00,000/- (Rupees Fifty Lakh only) on Naturo IndiaBull Limited under Section 15HA of the SEBI Act, 1992. 3. The monetary penalty is required to be paid within 45 days from the date of receipt of the Final Order, in accordance with the directions contained therein. 4. The Final Order states that the proceedings against certain other Notices were disposed of without directions and monetary penalty. The Order further provides that it shall come into force with immediate effect. The Company is presently examining the Final Order and its implications and shall take such further steps as may be required in accordance with applicable law. A copy of the SEBI Final Order in the matter of Debock Industries Limited is enclosed herewith for information and record. This disclosure is being made for the information of the Stock Exchange and the members of the Company. Kindly take the above information on re Kindly take the aforesaid information in your records. Thanking You, For Debock Industries Limited (Formerly known as Debock Sales & Marketing Limited) Digitally signed by M UKESH MUKESH MANVEER SINGH M ANVEER SINGH Date: 2026.09.30 13:50:26 +05'30' Mukesh Manveer Singh Managing Director DIN: 01765408 WTM/AS/CFID/CFID-SEC4/32684/2026-27 SECURITIES AND EXCHANGE BOARD OF INDIA FINAL ORDER Under Sections 11(1), 11(4), 11(4A), 11B(1) and 11B(2) of the Securities and Exchange Board of India Act, 1992 In respect of Sl. No. Name of Noticees PAN 1. Debock Industries Limited AACCD9561G 2. Mr. Mukesh Manveer Singh AMHPM1429Q 3. Mr. Sunil Kalot BLHPK0027J 4. Ms. Priyanka Sharma AZQPS4804F 5. Mr. Kailash Brahmabhatt AMOPB1710E 6. Mr. Arvind Rao ADXPR6146A 7. Ms. Sanjeeda Dagar CWKPD5224K 8. Mr. Sonu Sharma DWJPS1274J 9. Mr. Akash Kumar GVXPK8436G 10. Ms. Nishu Goyal AYIPG1638G 11. Ms. Vandana Patidar CGVPP3860J 12. Mr. Raju Ajmera ADHPA6565A 13. Mr. Abhishek Khandelwal EFZPKI858E 14. Ms. Najiya Bano DVRPB5191L 15. Mr. Bharu Ram CLVPB7183D 16. Mr. Rahul Khurana CDFPK5751A 17. Ms. Sheetal Jain CBJPJ4067L 18. Mr. Ajay Dahiya AIPPD4125L 19. Mr. Harish Kumar Sharma KJFPS7132P 20. Mr. Rajesh Kumar Vishwas AJWPV5773C 21. Ms. Chetna BTQPC9526H 22. Mr. Kadir Kha NZVPK9595R 23. Mr. Mahaveer Prasad Panchal ACGPP2166G Final Order in the matter of Debock Industries Limited Page 1 of 121 24. Mr. B Pavan Kumar Sharma BVFPS7821C 25. Avance Ventures Private Limited AAYCA5648R 26. Impex Agrotech Limited (formerly known as AAGCI3688D Impex Agrotech Private Limited 27. Mr. Gaurav Jain AJPPJ8602D 28. Naturo IndiaBull Limited AAECI2494R 29. Ms. Jyoti Choudhary BEFPC4533L (The entities mentioned above are individually referred to by their respective names or Noticee No. and collectively referred to as “Noticees”, unless the context specifies otherwise) In the matter of Debock Industries Limited Background 1. The present proceedings emanate from a Show Cause Notice dated September 15, 2025 (hereinafter referred to as ‘SCN’), issued pursuant to a detailed investigation carried out by Securities and Exchange Board of India (hereinafter referred to as ‘SEBI’) against Debock Industries Limited (hereinafter referred to as ‘Company/Debock’) and other Noticees. 2. Before issuance of the SCN, based on a preliminary examination conducted by SEBI, in the affairs of Debock, an interim order dated August 23, 2024 was passed against Noticee No. 1, 2, 3 and 4, wherein the following prima facie observations were made: 2.1. Migration to the Main Board through Fictitious Preferential Issues: The Company appeared to have met the eligibility criteria for migration to the main board of NSE through fictitious preferential issue of warrants and their subsequent conversion to equity shares. 2.2. Inflation of sales and purchases: The Company inflated its sales by approximately 72% in FY22 and 77% in FY23, alongside inflating its purchases Final Order in the matter of Debock Industries Limited Page 2 of 121 by approximately 94% during both these financial years. These actions were carried out through circuitous transactions to present a positive picture relating to activities of the Company to investors. 2.3. Submission of false bank statements: The Company submitted fabricated bank statements to SEBI to conceal the fictitious preferential issues and the inflated sales and purchases. 2.4. Diversion of Rights Issue Proceeds: Following its migration to the main board of NSE, the Company raised ₹49.50 crore through a rights issue in June 2023. These funds were diverted to the promoters and related entities rather than being used for legitimate business purposes. 2.5. Auditor's Qualifications on Subsequent Preferential Issues: The audit qualifications regarding the subsequent preferential issue of warrants on November 30, 2023 and their conversion on February 7, 2024, raised serious concerns that Company was repeatedly engaging in fraudulent practices. 3. The interim directions issued vide the said interim order were confirmed vide Confirmatory order dated December 11, 2024. The matter was taken up for detailed investigation and an Investigating Authority (“IA”) was appointed to further look into the matter. The focus of examination was to examine possible violation of the provisions of the Securities and Exchange Board of India Act, 1992 (‘SEBI Act’), SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to the Securities Market) Regulations, 2003 (‘PFUTP Regulations’) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR Regulations’). Pursuant to the detailed investigation, the present SCN was issued to the Noticees. 4. In view of the observations contained in the SCN (discussed in detail in the ensuing section of the Order), the following allegations were made against the Noticees. 4.1. it is alleged that Debock violated Regulations 3(a), (b), (c), (d), 4(1), 4(2) (c), (f), (h) & (k) of the PFUTP Regulations read with Sections 11 (2) (ia), 12A(a), Final Order in the matter of Debock Industries Limited Page 3 of 121 (b) & (c) of SEBI Act, Regulations 4(1), 4(2)(e), 17(1)(b), 23(1), (2) & (4), 32(1), (2) & (4), 33(1)(a) & (c) (read with Ind AS 1 and Ind AS 7) and Regulation 48 of LODR Regulations. 4.2. It is alleged that Mr. Mukesh Manveer being the Managing Director of Debock, violated Regulations 3(a), (b), (c), (d) and 4(1), 4(2) (f), (h), (k) of PFUTP Regulations read with Sections 11(2) (ia), and 12A(a), (b), (c) read with Section 27 (1) of SEBI Act, Regulations 4(1), 4(2)(e) & (f), 17(1) (b) & 17(8) read with Part B of Schedule II (for the FY 2022-23 and 2023-24), 23(1), (2) , (4), 32(1), (2) , (4), 33(1)(a), (c) (read with Ind AS 1 and Ind AS 7) and Regulation 48 of LODR Regulations read with Se [Showing first 8,000 characters — download PDF for full document]