Date: October 16, 2026
Board Meeting Outcomes
The Board of Directors of E2E Networks Limited, at its meeting held on October 16, 2026, took note of the following:
- Non-compliance with Regulation 29 of SEBI Listing Regulations pertaining to non-submission of prior intimation to Stock Exchanges in connection with the Board Meeting held on August 31, 2026
- Fines of ₹10,000 plus applicable taxes imposed separately by NSE and BSE (total ₹11,800 per exchange, amounting to ₹23,600 combined)
- The Company has duly paid the respective fines, along with applicable taxes, to both Stock Exchanges
- The Company has brought the provisions of the applicable circular to the notice of the promoter of the Company as directed by the exchanges
- The Board advised the management to exercise due diligence and ensure strict adherence to applicable regulatory requirements and prescribed timelines under SEBI Listing Regulations
- The Company shall continue to strengthen its internal compliance monitoring mechanisms to ensure timely submission of all applicable prior intimations and disclosures
Regulatory Background
The fines were imposed through:
- NSE notice reference NSE/LIST-SOP/FINES/1037 dated September 15, 2026
- BSE email reference SOP-Review-15/09/2026 dated September 15, 2026
- Under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026
- Specific violation: Regulation 29(2)/29(3) - Delay in furnishing prior intimation about the meeting of the board of directors for month ended August 31, 2026
Payment Details
- Fine amount: ₹10,000 per exchange (basic fine)
- GST @18%: ₹1,800 per exchange
- Total fine payable: ₹11,800 per exchange
- Payment made via RTGS/NEFT/Net Banking to designated exchange accounts
Consequences of Non-Payment
As per exchange notices, failure to pay fines within 15 days could result in:
- Freezing of entire shareholding of the Promoters in the Company
- Freezing of all other securities held in the Demat accounts of the Promoters