Tax & Penalty26 Aug 2026, 06:10 pm
Filatex Fashions Fined ₹1.22 Lakh by NSE & BSE
AI Summary
Filatex Fashions Ltd has received notices from NSE and BSE imposing a fine of ₹52,000 plus applicable GST, totaling ₹61,360 each, for alleged non-compliance with Regulation 27(2) of SEBI Listing Regulations concerning the late submission of the Corporate Governance compliance report. The company is reviewing the notices and will take appropriate actions. The matter will be presented to the Board of Directors in the upcoming meeting. The financial impact is limited to the fines levied.
Key Highlights
- Fined ₹61,360 each by NSE and BSE for late corporate governance report.
- Alleged non-compliance with SEBI Listing Regulations 27(2).
- Company is examining notices and will take appropriate steps.
- Matter to be placed before the Board of Directors.
- Financial impact limited to the imposed fines.
Price Impact
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