In accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and further to our correspondence having Ref. No.: AIL/SE/18/2025-26 dated June 28, 2025, regarding levying of fine for non-compliance with Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we herewith update that the fine is reversed off by the National Stock Exchange of India Limited ( NSE ), as annexed.
AETHER · price
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Awaiting price reaction for this filing.
Aether Industries has informed exchanges that a fine previously levied by the National Stock Exchange (NSE) for non-compliance with Regulation 23(9) of the SEBI Listing Obligations and Disclosure Requirements (which relates to disclosure of related party transactions) has been reversed by NSE. This is an update to the company's earlier correspondence dated June 28, 2025, which had reported the levy of the fine. No financial amount has been disclosed in this update. The reversal indicates the company has successfully resolved the compliance concern with the exchange.
Positive for shareholders as the earlier regulatory penalty has been overturned, removing any overhang from the compliance issue and avoiding potential financial or reputational damage associated with the fine.