Olympic Cards Ltd (Scrip Code: 534190) has filed letters dated March 17 and March 24, 2026 requesting BSE to waive outstanding SOP fines totalling ₹2,76,000 (plus 18% GST of ₹49,680, total ₹3,25,680).
BSE's Internal Regulatory Oversight Group on March 20, 2026 granted full waiver for Reg 7(1), 6(1), 20(2)/(2A) Dec-20 fines amounting to ₹1,08,560 but left Reg 18(1), 19(1)/(2) fines for Dec-20 and Dec-24 quarters unwaived.
The company cites COVID-19 pandemic disruptions, Company Secretary's illness and death, and timely Independent Director appointment via EGM as grounds for full waiver of all remaining fines.
Fines still outstanding include Reg 19(1)/(2) Dec-20 (₹1,24,000–₹1,46,320), Reg 31 Dec-20 (₹8,000), Reg 18(1) Dec-24 (₹72,000), and Reg 19(1)/(2) Dec-24 (₹72,000).