Legal24 Feb 2026, 06:01 pm
Medico Remedies Ltd. Receives Show-Cause Notice from NSE and BSE for Alleged Non-Compliance of Regulation 6(1) of the Listing Regulations
AI Summary
Medico Remedies Ltd. has received a Show-Cause Notice (SoP) from the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for alleged non-compliance of Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company has been asked to pay a penalty of Rs. 63,720/- (inclusive of GST) by each NSE and BSE. The Company has filed a Waiver Application with respective exchanges on 24th February 2026. The alleged non-compliance does not have any material impact on the financials, operations, or other activities of the Company.
Key Highlights
- Medico Remedies Ltd. received a Show-Cause Notice from NSE and BSE for alleged non-compliance of Regulation 6(1) of the Listing Regulations.
- The Company has been asked to pay a penalty of Rs. 63,720/- (inclusive of GST) by each NSE and BSE.
- The Company has filed a Waiver Application with respective exchanges on 24th February 2026.
- The alleged non-compliance does not have any material impact on the financials, operations, or other activities of the Company.
Price Impact
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