Tax & Penalty24 Jun 2026, 06:40 pm
Viji Finance Pays ₹2.7 Lakhs Fine to BSE & NSE Under Protest
AI Summary
Viji Finance Ltd has paid a combined fine of ₹2,71,400 (₹1,35,700 each) to BSE and NSE under protest. The fines were imposed for alleged non-compliance with Regulation 17(1) of SEBI (LODR) Regulations, 2015, regarding the minimum number of directors on the board for top listed entities. The company denies any non-compliance and reserves its right to seek a waiver or pursue remedies. The payment is not expected to have a material impact on the company's financials beyond the fine amount.
Key Highlights
- Viji Finance paid ₹2.7 Lakhs in fines to BSE and NSE.
- Fines are for alleged non-compliance with director number regulations.
- Payment made under protest, with rights to seek waiver reserved.
- No material financial impact expected beyond the fine amount.
Price Impact
More from VFL