Tax & Penalty26 May 2026, 10:51 pm
Kamdhenu Ventures Faces NSE Penalty for Compliance Officer Delay
AI Summary
The Board of Directors of Kamdhenu Ventures Ltd acknowledged a penalty imposed by the NSE for the delayed appointment of a qualified Company Secretary as Compliance Officer, a requirement under SEBI regulations. Despite efforts to fill the role after the previous officer's resignation in October 2025, shortlisted candidates withdrew at the last moment. A new Compliance Officer was appointed on April 1, 2026, and the company is seeking a waiver from the NSE, citing genuine reasons for the delay. The notice was also sent to all promoters as directed by the NSE.
Key Highlights
- NSE imposed a penalty on Kamdhenu Ventures for non-compliance with SEBI regulations.
- The company faced challenges in appointing a Compliance Officer after the previous one resigned.
- A new Compliance Officer was appointed on April 1, 2026, resolving the issue.
- Kamdhenu Ventures is filing a waiver application with the NSE to waive the penalty.
- The company informed its promoters about the non-compliance and the reasons behind it.
Price Impact
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