NSE penalty for delayed appointment of Company Secretary

Sebi PenaltyRegulatory & Legal View source PDF Explain this filing

AGARIND · price

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

-0.1%Reaction day

₹854.00

prior close

₹854.40

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-0.5% vs market

Petrochemicals peers, median of 13sector+0.0%-0.1% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.1 pts less than its Petrochemicals 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

+0.1

10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+0.4-0.5+0.0-0.1

Next day

-1.8+0.0-1.8-0.6-1.1

+0.2-0.2+0.5-0.4+0.6

-0.8+0.7-1.5+0.1-0.9

-2.6+0.6-3.2-0.8-1.8

-4.6+0.5-5.1-1.7-2.9

-9.2+0.3-9.5-2.8-6.4

15d

-9.8-1.5-8.4-4.5-5.3

-19.2-6.6-12.7-9.4-9.8

-16.6-3.2-13.4-8.6-8.0

-15.5-5.2-10.3-10.6-4.9

UpDownMarket · Nifty Microcap 250Sector · Petrochemicals peers, median of 13Pending

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

AI summary

Agarwal Industrial Corporation informed exchanges about an NSE penalty due to a 27-day delay in appointing a Company Secretary and Compliance Officer, violating Regulation 6 of SEBI LODR regulations. Despite efforts to fill the post on short notice, the company's waiver application was rejected by NSE. The penalty has been deposited. The company states there is no material impact on financials, operations, or other activities.

Likely market impact

Minor procedural penalty with no material impact on business or financials. Penalty already deposited.