Regulatory28 Oct 2026, 08:00 pm
Pervasive Commodities: BSE Approves Waiver of ₹11.07 Lakh Fine
AI Summary
Pervasive Commodities Ltd announced that BSE Limited has approved the waiver of fines totaling ₹11,07,000 (₹11.07 Lakhs) levied for non-compliance with SEBI (LODR) Regulations, 2015. The non-compliance pertained to the composition of the Board of Directors and its Committees during the September and December 2025 quarters. The company achieved full compliance by November 15, 2025, within the prescribed six-month period after its paid-up equity share capital exceeded ₹10 Crore on May 20, 2025. Consequently, there is no financial, operational, or other impact on the company's activities.
Key Highlights
- BSE waived ₹11.07 Lakhs in fines levied on Pervasive Commodities.
- Fines were for non-compliance with SEBI LODR Regulations on board composition.
- Company achieved full compliance within the stipulated timeframe.
- No financial or operational impact on the company due to the waiver.
Price Impact
More from PERVASIVE