Board notes exchange fine for delay in SEBI LODR compliance

Regulatory & Legal View source PDF Explain this filing

PARAGMILK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-8.1%Reaction day

₹262.50

prior close

₹250.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-7.1% vs market

Dairy Products peers, median of 9sector-0.1%-7.9% vs sector

On the reaction day the stock moved 7.1 pts less than Nifty Microcap 250 and 7.9 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-2.9

15m

-2.9

30m

-4.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-8.1-1.0-7.1-0.1-7.9

Next day

-11.3-1.8-9.5-0.8-10.5

-7.4+0.8-8.2+0.9-8.3

-7.5+1.8-9.3+4.0-11.5

-9.9+1.2-11.1+3.2-13.1

-11.0+0.7-11.7+4.9-15.9

-17.8-1.5-16.3-0.6-17.2

15d

-20.8-2.5-18.3-4.4-16.4

-25.6-7.2-18.5-8.7-17.0

-26.3-8.9-17.4-11.2-15.1

-15.4+5.5-20.9+0.1-15.5

UpDownMarket · Nifty Microcap 250Sector · Dairy Products peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Parag Milk Foods received notices on December 16, 2025 from NSE and BSE imposing a fine for a marginal delay in complying with Regulation 23(9) of SEBI Listing Obligations and Disclosure Requirements Regulations 2015. The Board reviewed the matter at its meeting on February 4, 2026 and stated that the delay was inadvertent.

Likely market impact

Minor regulatory fine for delayed compliance disclosure; Board termed delay as inadvertent. Likely limited financial or reputational impact for shareholders.