Tax & Penalty21 May 2026, 06:31 pm
Hazoor Multi Projects Fined ₹42,000 by BSE for Compliance Delay
AI Summary
Hazoor Multi Projects Ltd has been fined ₹42,000 plus GST by the BSE for a 42-day delay in filling the vacancy of ‘Compliance Officer,’ exceeding the prescribed three-month period under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that the fine will not impact its financial or operational activities, except for the amount of the fine itself.
Key Highlights
- BSE imposed a fine of ₹42,000 plus GST on Hazoor Multi Projects.
- The fine was due to a delay in filling the Compliance Officer vacancy.
- The delay exceeded the three-month limit under SEBI regulations.
- Hazoor Multi Projects states the fine will not materially impact operations.
- The company received the notice from BSE on May 20, 2026.
Price Impact
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