Polychem Limited received full waiver of a ₹1.98 lakh fine from BSE for alleged non-compliance with Nomination and Remuneration Committee composition rules.
The company disputed the fine, asserting full compliance with SEBI LODR Regulation 19(1)/19(2) for Q4 FY25.
BSE's relevant authority approved the waiver application on April 16, 2026, after the company filed for full waiver on June 6, 2025.