Nature of Disclosure: Regulatory compliance intimation regarding rejection of fine waiver application and imposition of monetary penalty by National Stock Exchange of India Limited (NSE).
Key Event: The company received communication from NSE on October 19, 2026 (Ref. No. NSE/LIST/CD/2026/0043, received at 19:00 hours) rejecting the company's application seeking waiver of fines for non-compliance with Regulation 17(1A) of SEBI Listing Regulations.
Violation Details: Non-compliance pertained to consecutive quarters ended 30th June, 2024 and 30th September, 2024.
Regulatory Process: BSE Limited, as the Designated Exchange for processing the waiver application, did not consider it favorably. NSE noted this decision and consequently rejected the waiver request.
Financial Impact: The company has been directed to pay a fine of ₹1,42,000 plus 18% GST, amounting to a total payment of ₹1,67,560 to NSE.
Operational Impact: The disclosure explicitly states that other than the monetary impact of this one-time payment, there is no impact on the financial, operational or other activities of the company.
Regulatory References: This intimation is made pursuant to Regulation 30 of SEBI Listing Regulations, read with sub-para 20 of Para A of Schedule III and amendments thereto. The disclosure includes details as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Company Representation: The communication is signed by Arvind Bajoria, Company Secretary and Compliance Officer of Rashi Peripherals Limited.