Heranba Industries Board Comments on Exchange Fine

Heranba Industries Ltd has provided comments from its Board of Directors regarding a fine of ₹30,000 (plus GST, totaling ₹35,400) levied by the stock exchanges for the delayed submission of financial results for the quarter ended June 30, 2026. The Board reviewed the circumstances, attributing the delay to the implementation of a new ERP system which required extensive data validation. The Board noted that the company had proactively informed the exchanges about the postponement and submitted results upon completion of reconciliation. They concluded the delay was due to operational circumstances and not intentional. The company has paid the fine and committed to strengthening compliance mechanisms for future timely submissions.