BSE fully waived ₹23,600 fine levied on Gratex Industries for Q4 FY25 investor grievance report non-submission due to filing misinterpretation.
Company had filed integrated report on time but incorrectly selected 'No' for grievance report applicability despite noting nil complaints.
BSE's Internal Regulatory Oversight Group approved waiver as company corrected filing and demonstrated no actual compliance failure.
Company paid ₹11,800 waiver processing fee in May 2025 and now seeks refund following full waiver approval.