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Legal9 April 2026 at 01:01 pm

Monarch Surveyors Pays Fine for Non-compliance with Investor Grievances Regulation

AI Summary

Monarch Surveyors and Engineering Consultants Ltd. has paid a fine imposed by the Bombay Stock Exchange (BSE) for not submitting the statement on shareholder complaints within the prescribed period. The non-compliance was discussed in the company's board meeting held on April 09, 2026, where it was acknowledged that the non-compliance was not intentional. The company has assured that it has always endeavored to comply with regulations and has taken necessary steps to strengthen its processes to avoid such delays in the future.

Key Highlights

  • Monarch Surveyors pays fine for non-compliance with BSE regulation
  • Non-compliance was not intentional, company assures
  • Company has strengthened processes to avoid future delays