StockWatch
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Computers - Software & Consulting
Tax & Penalty27 Aug 2026, 11:58 am

Birlasoft Fined ₹1.23 Cr for Delayed Stamp Duty Filing

AI Summary

Birlasoft Limited has been fined ₹1,23,14,040 by the Collector of Stamps due to a 4-day delay in lodging a National Company Law Tribunal (NCLT) order with stamp authorities. The NCLT order, sanctioned on December 19, 2018, pertained to a Composite Scheme of Arrangement involving Birlasoft (India) Limited, Birlasoft Limited, and KPIT Technologies Limited. The company stated that the penalty will be paid as per the process and that there is no material impact on its financials, operations, or other activities.

Key Highlights

  • Birlasoft fined ₹1.23 crore for delayed NCLT order lodgement.
  • Penalty imposed by the Collector of Stamps.
  • Delay of 4 days in filing the Composite Scheme of Arrangement order.
  • Company states no material financial or operational impact.