StockWatch
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Fertilizers
Regulatory28 May 2026, 04:32 pm

524230 Fined ₹10.62 Lakh by NSE & BSE for Regulatory Breach

AI Summary

524230 has received notices from NSE and BSE, dated May 27, 2026, regarding non-compliance with Regulation 17(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended March 31, 2026. Consequently, the company has been imposed with a fine of ₹5,31,000 each by both stock exchanges, totaling ₹10,62,000. The company is currently in the process of filing an application for the waiver of these levied fines.

Key Highlights

  • Company fined ₹5,31,000 each by NSE and BSE.
  • Total fine amounts to ₹10,62,000 for the company.
  • Penalty for non-compliance with SEBI LODR Regulation 17(1).
  • Violation pertains to the quarter ended March 31, 2026.
  • Company is seeking a waiver for the imposed fines.