StockWatch
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Pharmaceuticals
Tax & Penalty6 Nov 2026, 03:53 pm

Bliss GVS Pharma Fined ₹3.6 Lakhs by BSE, NSE

AI Summary

Bliss GVS Pharma Ltd has been fined ₹1,80,000 (excluding GST) by both BSE and NSE for non-compliance with Regulation 17(1) of SEBI Listing Regulations, specifically related to board composition and failure to appoint a woman director. The total fine amounts to ₹3,60,000 (excluding GST). The company has paid the fines, which represent approximately 0.000269% of its market capitalization. The delay in disclosure was attributed to internal coordination and verification, and the company is strengthening its internal mechanisms to ensure timely compliance.

Key Highlights

  • Company fined ₹1.8 Lakhs by BSE and ₹1.8 Lakhs by NSE.
  • Fines are for non-compliance with board composition rules.
  • Total penalty amounts to ₹3.6 Lakhs (excluding GST).
  • Company has paid the fines and is improving internal controls.