Legal20 Feb 2026, 06:12 pm
Howard Hotels Ltd Fined by BSE for Delay in Board Meeting Approval of Financial Results
AI Summary
Howard Hotels Ltd has been fined by BSE for non-compliance with Regulation 29(2)/29(3) of SEBI (LODR) Regulations, 2015. The non-compliance was due to inadvertent delay in prior intimation of the Board Meeting for approval of financial results for the quarter ended 31st December, 2025. The Board of Directors has noted the oversight and directed the management to strengthen internal compliance monitoring mechanisms to prevent future recurrences. The fine has been remitted by the Company.
Key Highlights
- Howard Hotels Ltd fined by BSE for non-compliance with SEBI regulations
- The non-compliance was due to inadvertent delay in prior intimation of the Board Meeting for financial results approval
- The Board of Directors has noted the oversight and directed management to strengthen internal compliance monitoring mechanisms
- The fine has been remitted by the Company
- The fine was levied for non-compliance with Regulation 29(2)/29(3) of SEBI (LODR) Regulations, 2015
Price Impact
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