Key Quantitative Figures
The company has received notices from both the National Stock Exchange of India Limited (NSE) and BSE Limited dated August 25, 2026. Each exchange has levied a fine of ₹52,000 along with applicable GST, aggregating to a total financial impact of ₹61,360 per exchange. The total quantifiable financial impact is therefore ₹122,720.
Details of the Violation
The alleged non-compliance is with Regulation 27(2) of the SEBI Listing Regulations, specifically for the non-submission of the Corporate Governance Compliance Report within the stipulated period.
Company's Response and Next Steps
The company is currently examining the notices received from the exchanges. The matter will be placed before the Board of Directors in the ensuing Board Meeting for review, in compliance with applicable SEBI Listing Regulations and circulars.
Financial Impact
As per the disclosure in Annexure A, the impact on the company's financials is limited to the amount of the fine imposed by the exchanges.