VMT Family Trust complies with SEBI exemption order

VMT Family Trust has announced its compliance with the Securities and Exchange Board of India (SEBI) exemption order under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The exemption order, issued under Ref No. WTM/GM/CFD/44/2019-2020 dated November 15, 2019, allows the trust certain exemptions related to share acquisitions. In a filing to the BSE, the trust confirmed that it has obtained a compliance certificate dated April 18, 2025, from an independent auditor, P. Karmakar & Co., verifying its adherence to the terms of the exemption for the fiscal year 2024-2025. The compliance confirmation and auditor's certificate have been submitted to SEBI and the BSE. The Waterbase Limited, in which the VMT Family Trust holds shares, has been notified of the compliance.