BSEApollo Ingredients LtdHighNegative
Announced Sun, 1 Mar · 11:59 IST

Person to regulation 30 read with para A of part A of schedule III of SEBI Listing obligation and disclosure requirements regulations, 2015 SEBI LODR regulations. We hearby informed that ....

Court Stay ObtainedRegulatory & Legal View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Apollo Ingredients Ltd (formerly Indsoya Limited) informed the stock exchange that the Securities Appellate Tribunal (SAT), Mumbai, passed an interim order on February 26, 2026, in the company's appeal against BSE's rejection of its waiver application for exchange-imposed fines. SAT admitted the appeal and condoned a 69-day delay in filing. The total fine of Rs. 2,06,000 must be deposited by the company under protest within one week, and the deposited amount will be kept in an interest-bearing account by BSE until the final outcome. As interim relief, SAT ordered that the promoters' demat accounts be defrozen once the deposit is made. The next hearing is scheduled for June 18, 2026. The company stated the order has no material impact on its financial position or operations beyond the deposit amount.

Likely market impact

Marginally positive for shareholders as the promoters' demat accounts will be defrozen and the appeal has been admitted. The financial impact is small (Rs. 2.06 lakh) and the matter remains pending final adjudication in June 2026.