Company Disclosure
Polychem Limited (Scrip Code: 506605) submitted a regulatory filing to the Bombay Stock Exchange dated August 13, 2026, regarding a fine levied by BSE.
Key Quantitative Figures
The fine amount levied by BSE is ₹52,010 (including GST).
Dates of Action
- BSE email correspondence date: June 22, 2026
- Board meeting date: August 13, 2026
- ASCR filed in PDF mode: May 21, 2026
- Fine payment reported in: Integrated Governance Report for quarter ended June 30, 2026
Parties Involved
- BSE Limited (BSE) as the regulatory exchange
- Polychem Limited's Board of Directors
- Management team advised for future compliance
Purpose/Rationale
The Board noted that:
1. ASCR was duly filed with BSE in PDF mode on May 21, 2026 within prescribed timelines
2. The delayed submission of ASCR in XBRL mode was unintentional and purely due to oversight
3. The fine was specifically for non-submission/delayed submission of ASCR in XBRL mode only
Financial Impact
The fine of ₹52,010 (including GST) has been paid by the Company and reported in the Integrated Governance Report for the quarter ended June 30, 2026.
Board Resolution
The Board advised the management to ensure timely compliance(s) in the future to avoid similar penalties.
Compliance Officer
Deepali V Chauhan, Company Secretary & Compliance Officer (Membership No. A38273), signed the disclosure.