Key Regulatory Context

  • Non-compliance specifically with Regulation 17(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Fines imposed by both National Stock Exchange of India Ltd. and BSE Limited for this violation
  • Matter placed before the Board of Directors for discussion

Board Meeting Details

  • Meeting held on September 05, 2026
  • Board discussed the non-compliance matter and subsequent fines

Compliance Resolution

  • Company appointed Mr. Jaldeep Patel and Mr. Ankit Shah as Additional Directors
  • Both appointed in the category of non-executive independent directors
  • Appointments effective from August 11, 2026
  • Company states compliance with regulations has been ensured through these appointments