Tax & Penalty11 Aug 2026, 05:43 pm
Zenith Exports Pays ₹13 Lakh Fine After Waiver Rejection
AI Summary
Zenith Exports Ltd has paid a fine of ₹13,01,540 (including GST) to both BSE Limited and the National Stock Exchange of India Limited. This payment follows the rejection of the company's waiver application for alleged non-compliance with SEBI Listing Regulations (Regulation 17(1), 23(9), & 34). The waiver application was rejected by BSE Limited on August 5, 2026, and the company made the payment on August 11, 2026. The fine was initially imposed for delayed compliance with these regulations. The company has provided details as required under Regulation 30 of the Listing Regulations.
Key Highlights
- Zenith Exports paid ₹13,01,540 fine to BSE and NSE.
- Waiver application for non-compliance fines was rejected.
- Payment made after waiver rejection notification on August 5, 2026.
- Fine relates to SEBI Listing Regulations non-compliance.
- Company complied with payment post-rejection.
Price Impact
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