Tax & Penalty26 Aug 2026, 04:05 pm
DCM Shriram fined ₹96,760 for delayed compliance
AI Summary
DCM Shriram International Ltd has been fined ₹96,760 by BSE and NSE for delayed compliance with SEBI LODR Regulations, 2015, specifically Regulation 17(1A) concerning the appointment of a Non-Executive Director over 75 years old. The delay was for 41 days during the quarter ended June 30, 2026. The company rectified the compliance issue on May 12, 2026, prior to the fine being levied on August 25, 2026. The fine includes a basic amount of ₹82,000 plus 18% GST. DCM Shriram states there is no material impact on its financials, operations, or other activities beyond the payment of this fine.
Key Highlights
- Fined ₹96,760 by BSE and NSE for delayed regulatory compliance.
- Violation related to Regulation 17(1A) of SEBI LODR Regulations.
- Compliance issue rectified before the fine was imposed.
- No material impact on financials or operations reported.
Price Impact
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