Key Details

  • Authority Issuing Order: Gujarat International Finance Tec-City Company Limited
  • Nature of Action: Penalty of ₹55.75 lakhs imposed on the Company
  • Date of Receipt of Order: 26th October 2026
  • Reason for Penalty: Non-compliance with prescribed project completion timeline
  • Regulatory Reference: SEBI LODR Regulation 30

Financial and Operational Impact

  • Financial Impact: Limited to the penalty amount of ₹55.75 lakhs
  • Operational Impact: No material impact on operations or other activities of the Company

Recipients

  • BSE Limited, Corporate Services Department
  • The National Stock Exchange of India Ltd., Corporate Communications Department