Zenith Exports Ltd: Waiver Application Rejected, ₹7.73 Lakh Fine Paid

Zenith Exports Ltd announced the rejection of its waiver application by the National Stock Exchange of India Limited (NSE) concerning a fine of ₹7,72,900 (including GST). The fine was imposed for alleged non-compliance with Regulation 17(1) of SEBI Listing Regulations for consecutive quarters ended December 31, 2025, and March 31, 2026. The company has since paid the full fine amount on October 23, 2026, following the NSE's notification on October 19, 2026. The BSE had initially acted as the designated exchange for processing the waiver application, but its decision was not favorable, leading to the NSE's final rejection.