In accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we herewith intimate about the Notice received from National Stock Exchange of India Limited ( NSE ) dated June 27, 2025, for non-compliance with Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, details of which are stated annexed.
AETHER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aether Industries received a notice from NSE dated June 27, 2025, for failing to comply with Regulation 23(9) of SEBI's Listing Regulations, which requires half-yearly disclosure of related party transactions. The fine imposed is Rs. 3,18,600 (including 18% GST), calculated at Rs. 5,000 per day for 54 days of non-compliance for the half-year ended March 31, 2025. The company says the data was filed successfully on BSE but could not be uploaded on NSE due to an external technical glitch, and they had flagged the issue for resolution. Aether plans to file a waiver application with NSE, and the fine amount will keep rising until compliance is achieved. The company states there is no financial or operational impact and assures investors of its commitment to good governance.
The fine is small (Rs. 3.18 lakh) relative to a company of Aether's size and is unlikely to materially affect financials or stock price. However, if the waiver is denied and the fine continues to accumulate, the promoter shareholding could face freezing, which is a risk investors should monitor.