Flex Foods Noted ₹86,000 Fine from BSE for Director Norm Violation

Flex Foods Ltd's Board of Directors, in a meeting on November 11, 2026, acknowledged a fine of ₹86,000 plus GST imposed by BSE Limited. The penalty was for an alleged violation of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, concerning the appointment of Mr. Paresh Nath Sharma as an Independent Director. The company has paid the fine and applied to BSE for a waiver, presenting its submissions against the alleged violation. A response from BSE is still pending.