Tax & Penalty21 May 2026, 07:01 pm
Filatex Fashions Fined ₹40,120 Each by NSE & BSE
AI Summary
Filatex Fashions Ltd received notices from NSE and BSE on May 20, 2026, regarding a fine for non-compliance with Regulation 6(1) of SEBI Listing Regulations, pertaining to the appointment of a qualified Company Secretary as Compliance Officer. The fine amounts to ₹34,000 each, plus applicable GST, totaling ₹40,120 each. The company is reviewing the notices and will take appropriate action, including presenting the matter to the Board of Directors in the upcoming meeting.
Key Highlights
- Filatex Fashions fined by NSE and BSE for regulatory non-compliance.
- The fine is related to the delayed appointment of a Company Secretary.
- Total fine levied by each exchange is ₹40,120 including GST.
- Company is examining the notices and will present the matter to the Board.
Price Impact
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