Regulatory3 Jun 2026, 06:41 pm
Medico Remedies Fined ₹1.13 Lakh by NSE & BSE for Listing Rule Violation
AI Summary
Medico Remedies Ltd has paid a total fine of ₹1,13,280 (₹56,640 each) to NSE and BSE for alleged non-compliance with Regulation 6(1) of the SEBI Listing Regulations for the period January 1 to February 17, 2026. The company received Show Cause Notices on May 20, 2026, and paid the fines on May 25, 2026. Medico Remedies stated that the non-compliance was inadvertently missed and assured future adherence. The company confirmed no material impact on its financials or operations.
Key Highlights
- Company paid ₹1.13 Lakh in fines to NSE and BSE.
- Fines were for alleged non-compliance with Listing Regulations.
- Non-compliance period was January 1 to February 17, 2026.
- No material impact on company financials or operations.
- Company assures future compliance with disclosure norms.
Price Impact
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