Key Details
Authority Actions
- Bombay Stock Exchange (BSE): Imposed fine of ₹11,81,180
- National Stock Exchange (NSE): Imposed fine of ₹11,81,180
- Date of receipt of notices: August 25, 2026
Violations Cited
Both exchanges cited non-compliance with the following SEBI LODR regulations:
- Regulation 17(1)
- Regulation 18(1)
- Regulation 19(1)/19(2)
- Regulation 20(2)/(2A)
Financial Impact
- Financial implication of ₹11,81,180 per exchange (inclusive of 18% GST)
- Total financial impact: ₹23,62,360
- Impact period: Quarter ended June 30, 2026
Company Response
The company is in the process of representing its position to both BSE and NSE regarding the identified non-compliances.