Peninsula Land Ltd received an SEBI administrative warning for delayed and inaccurate disclosure of a joint venture fraud.
SEBI found the company delayed disclosure by nearly a year, failing to report a police complaint filed in April 2024 until March 2025.
The warning cites failure to distinguish between a ₹3.64 crore established fraud and a ₹200 crore amount under investigation.
SEBI mandates board review, disclosure corrections, and future compliance to avoid enforcement action.