Easy Fincorp fined by BSE for historical non-compliances
Easy Fincorp Ltd received a communication from BSE Limited on April 23, 2026, regarding the imposition of fines for alleged non-compliances under Regulations 29, 31, 33, and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These non-compliances pertain to historical periods from December 2014 to November 2020 and are connected to the unfreezing of promoter shareholding in Harrisons Malayalam Limited, a group company. Easy Fincorp clarifies that no prior separate notices were received during the relevant periods. The company is undertaking a detailed review of its records and has filed an application with BSE Limited on April 27, 2026, seeking a waiver of the applicable fine for one identified matter. The financial impact, if any, is currently unascertainable and depends on the outcome of the waiver application.
Key Highlights
- Easy Fincorp received a fine notice from BSE for alleged SEBI LODR non-compliances.
- Non-compliances relate to historical periods from December 2014 to November 2020.
- The issue is linked to unfreezing promoter shareholding in a group company.
- Company has filed a waiver application for one fine; financial impact is unknown.
- Easy Fincorp claims no prior notices were received during the relevant periods.
Price Impact
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