Date: November 14, 2026
Board Meeting Outcomes
The Board of Directors addressed the fine levied by the National Stock Exchange of India Limited (NSE) through notice reference no. NSE/LIST-SOP/FINES/1037 dated September 15, 2026.
The non-compliance specifically related to Regulation 29(2)/29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the month ended August 31, 2026.
The Board meeting was held on November 14, 2026 to discuss this matter as required by the SEBI Master Circular on Standard Operating Procedure for imposing fines and suspension of trading.
Regulatory Compliance Update
The Board took note of the identified non-compliance and the fine levied by the Exchange.
The Board reviewed the circumstances that led to the non-compliance.
The Board advised the management to ensure strict adherence to applicable regulatory requirements and timelines in the future to avoid recurrence of such instances.
The Company has taken or shall take necessary steps to strengthen its internal compliance mechanism to ensure timely compliance with applicable provisions of the SEBI Listing Regulations.