Nandan Denim Fined Rs. 84,000 Each by BSE and NSE for Non-Compliance

Nandan Denim Ltd. has been fined Rs. 84,000 each by BSE and NSE for alleged non-compliance of Regulation 17(1A) of the SEBI (LODR) Regulations, 2015. The Company had filed a waiver application with BSE on December 02, 2025, in response to the notice received from both BSE and NSE. However, the waiver application was not considered favorably by BSE, resulting in the fine. The Company is required to pay the fine including applicable GST to both BSE and NSE within the prescribed time.