Emmbi Industries Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI LODR Regulations, 2015 regarding fines levied by stock exchanges.
The company received two communications dated June 30, 2026:
- Letter No. NSE/LIST-SOP/FINES/0717 from National Stock Exchange of India Limited
- Email/Letter No. SOP-Review-30/06/2026 from BSE Limited
Nature of Action
The stock exchanges levied a fine of ₹47,200 on the company for delayed submission of Related Party Transactions disclosure under Regulation 23(9) of SEBI LODR Regulations for the half year ended March 31, 2026. The fine breakdown is:
- Basic fine: ₹40,000
- GST @ 18%: ₹7,200
The company paid the full fine amount to both stock exchanges on July 1, 2026.
Violation Details
The violation pertains to delayed submission of Disclosure of Related Party Transactions for the half year ended 31st March, 2026 as required under Regulation 23(9) of SEBI LODR Regulations, 2015.
Financial and Operational Impact
The company states there is no material impact financially, operationally or otherwise on the company, except to the extent of the penalty levied. The delay was described as inadvertent and procedural in nature, with no prejudice caused to the interests of investors or other stakeholders.
Governance Response
The matter will be placed before the Board of Directors at its ensuing meeting, and the Board's comments will be submitted to the stock exchanges as required under SEBI Master Circular provisions. The company has strengthened its internal compliance review mechanism to avoid recurrence of such instances.