Stanbik Agro Fined ₹1.22 Lakh for Annual Report Filing Error
Stanbik Agro Ltd has received a communication from BSE Limited imposing a fine of ₹1,22,720 for alleged non-compliance with Regulation 34 of SEBI LODR Regulations, 2015, specifically for the non-filing of the Annual Report for FY 2025-26. The company clarified that the Annual Report was uploaded within the prescribed timeline, but an inadvertent error occurred during the upload process where the financial year was incorrectly selected as 2025 instead of 2026, and the month as September instead of March. The company asserts that the content of the Annual Report remains unchanged and the error has no impact on its financial position or business operations. Stanbik Agro is in the process of submitting a clarification and waiver request to BSE Limited to reconsider and waive the fine.
Key Highlights
- BSE fined Stanbik Agro ₹1.22 Lakh for Annual Report filing error.
- Error involved incorrect selection of financial year and month during upload.
- Company claims report was uploaded on time with no content changes.
- No impact on financial position or business operations stated.
- Company is requesting waiver of the fine from BSE.
Price Impact
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