Tax & Penalty17 Aug 2026, 06:50 pm
Gala Global Products Ltd Fined ₹56,640 for Shareholding Pattern Delay
AI Summary
Gala Global Products Ltd has been levied a fine of ₹56,640 (including GST) by BSE for non-submission of its shareholding pattern within the prescribed period under Regulation 31 of SEBI Listing Regulations for the quarter ended June 2026. The company received an email from BSE on August 14, 2026, regarding this non-compliance. The fine is payable within 15 days from the date of the notice. The financial implication is limited to the penalty amount.
Key Highlights
- Fine of ₹56,640 levied by BSE for delayed shareholding pattern submission.
- Non-compliance relates to Regulation 31 of SEBI Listing Regulations.
- Penalty due within 15 days of the notice dated August 14, 2026.
- Financial impact limited to the penalty amount.
Price Impact
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