Date: 27th August, 2026
KMP / Board / Auditor Changes
- Mr. Gautam Jain, Chief Financial Officer, experienced health issues that led to the cancellation of the Board Meeting scheduled for May 30, 2026
Board Meeting Outcomes
- Board meeting held on August 27, 2026 reviewed the non-compliance incidence
- Board noted that the non-compliance was not intentional and occurred due to the CFO's health issues
- Company has undertaken necessary steps to strengthen processes to avoid such inadvertent delays in future
Regulatory Compliance Disclosure
- BSE Limited and National Stock Exchange of India Limited imposed fines of ₹11,800 each (inclusive of GST) on August 25, 2026
- Fine was imposed for non-compliance under Regulation 17(2) of the Listing Regulations
- Non-compliance related to cancellation of Board Meeting scheduled for May 30, 2026
- Company had previously intimated the exchanges about this matter on August 26, 2026
- Company states it has always endeavored to comply with applicable regulations
Other Operational / Legal / Strategic Disclosures
No material disclosures under the following sections: Dividend Declaration, Financial Results, Auditor's Report, Disinvestment/Strategic Actions, Media Release/Investor Communication