Tax & Penalty12 Aug 2026, 07:23 pm
Shree Rajasthan Syntex Fined ₹49,560 by BSE for Compliance Delay
AI Summary
Shree Rajasthan Syntex Ltd has been fined ₹49,560 by BSE Limited for non-compliance with Regulation 24A(2) of SEBI LODR Regulations, specifically for the delayed submission of the Secretarial Compliance Report. The company's Board of Directors noted the non-compliance and the fine at a meeting held on August 12th, 2026. The company stated that the requisite compliance was filed on June 22nd, 2026, shortly after receiving the notice. The Board has advised strengthening internal compliance and monitoring processes to prevent future delays. The company expressed regret for the inadvertent delay and committed to ensuring timely regulatory filings.
Key Highlights
- BSE imposed a fine of ₹49,560 on Shree Rajasthan Syntex for delayed compliance report.
- The delay was in submitting the Secretarial Compliance Report as per SEBI LODR Regulations.
- The company has filed the report and is strengthening internal compliance measures.
- The Board noted the issue and advised on improving monitoring processes.
Price Impact
More from SHRAJSYNQ