Tax & Penalty13 Aug 2026, 03:38 pm
Polychem Ltd Pays ₹52,010 Fine for Delayed ASCR Submission
AI Summary
Polychem Ltd's Board of Directors acknowledged a fine of ₹52,010, including GST, levied by BSE for the delayed submission of its Annual Secretarial Compliance Report (ASCR) for the year ended March 31, 2026, in XBRL mode. The company stated that the ASCR was filed in PDF mode on time, and the XBRL submission delay was unintentional. The fine has been paid and reported. The Board has advised management to ensure future compliance.
Key Highlights
- Polychem Ltd paid a ₹52,010 fine to BSE for delayed ASCR submission.
- The fine was for non-submission in XBRL mode, not for the PDF filing.
- The delay was unintentional due to an oversight.
- Management has been advised to ensure timely future compliance.
Price Impact
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