Regulatory2 Nov 2026, 02:28 pm
Gala Global Products fined ₹56,640 for delayed annual report
AI Summary
Gala Global Products Limited has been fined ₹56,640 (inclusive of GST) by BSE for failing to submit its Annual Report within the prescribed timeline under Regulation 34 of SEBI Listing Regulations for the year ended March 2026. The fine is calculated at ₹2,000 per day of delay and will continue until the non-compliance is rectified. The company stated that this fine has no impact on its operations, only a financial implication of the penalty amount.
Key Highlights
- BSE levied a fine of ₹56,640 on Gala Global Products.
- The fine is for non-submission of the Annual Report.
- Delay pertains to the financial year ended March 2026.
- Fine continues until compliance is achieved.
- No operational impact, only financial implication of the fine.
Price Impact
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