Tax & Penalty5 Nov 2026, 02:42 pm
Som Distilleries Fined ₹4 Lakhs by SEBI
AI Summary
Som Distilleries & Breweries Ltd has been penalized by the Securities and Exchange Board of India (SEBI) with a total fine of ₹4,00,000. The company and its officials were each fined ₹1,00,000. This action follows an adjudication order related to a Show Cause Notice dated March 24, 2026, concerning contraventions of regulation 23(2) and 37A of the LODR regulations. The company stated that apart from the penalty, there has been no significant impact on its financial, operational, or other activities.
Key Highlights
- SEBI imposed a total penalty of ₹4,00,000 on Som Distilleries.
- The penalty includes ₹1,00,000 each for the company and its officials.
- The fine is for contravention of LODR regulations 23(2) and 37A.
- No significant financial or operational impact is expected.
- The company has disclosed the adjudication order from SEBI.
Price Impact
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