
Tax & Penalty31 Oct 2026, 02:30 pm
Morarka Finance fined ₹1.22 Lakhs by BSE for late Annual Report
AI Summary
Morarka Finance Ltd has been fined ₹1,22,720 (inclusive of GST) by BSE Ltd for the alleged non-submission of its Annual Report for FY 2025-26 within the prescribed timeline. The company stated that the report was submitted on June 8, 2026, under the 'Notice to Shareholders' tab and has since been re-filed under the specific 'Annual Reports' tab. Morarka Finance claims no material impact on its financial position or operations, attributing the issue to a procedural oversight and has requested a waiver of the penalty.
Key Highlights
- BSE imposed a fine of ₹1,22,720 on Morarka Finance.
- The fine is for alleged late submission of the FY 2025-26 Annual Report.
- Company claims timely submission under a different tab.
- Report has been re-filed under the correct tab.
- No material financial or operational impact expected.
Price Impact
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