StockWatch
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Auto Components & Equipments
Tax & Penalty23 Jul 2026, 08:00 pm

Automobile Products of India Ltd Fined ₹14.98 Lakh by BSE

AI Summary

Automobile Products of India Ltd has been levied a fine of ₹14,98,600 (inclusive of GST) by BSE Limited for non-compliance with minimum public shareholding requirements between January 1, 2026, and May 7, 2026. The company is actively working to comply with these regulations at the earliest. This disclosure is made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

Key Highlights

  • BSE levied a fine of ₹14,98,600 on the company.
  • The fine is for non-compliance with minimum public shareholding norms.
  • The non-compliance period was January 1, 2026, to May 7, 2026.
  • The company is working to comply with requirements urgently.