Tax & Penalty26 Aug 2026, 07:40 pm
DCM Shriram Fine Chemicals Fined ₹3.02 Lakhs by BSE, NSE
AI Summary
DCM Shriram Fine Chemicals Ltd has been fined a total of ₹3,02,080 by both BSE Limited and the National Stock Exchange of India Limited. The fines, amounting to ₹1,65,200 for Regulation 17(1) non-compliance and ₹1,36,880 for Regulation 17(1A) non-compliance, stem from delayed compliance for the quarter ended June 30, 2026. The company clarified that compliance for Regulation 17(1A) was rectified on May 29, 2026, and a new Independent Director was appointed on July 15, 2026, to meet Regulation 17(1) requirements. The company confirms full compliance as of the reporting date, and the fines have been paid without material impact on financial or operational activities.
Key Highlights
- Fined ₹3.02 Lakhs by BSE and NSE for regulatory non-compliance.
- Fines relate to delayed compliance with LODR Regulations 17(1) and 17(1A).
- Company confirms full compliance as of reporting date.
- Fines paid, with no material financial or operational impact.
- Non-compliance issues have been rectified.
Price Impact
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