Pursuant to Regulaton 30 of SEBI(lodr) Regulatons 2015 read with schedule III thereto, We hereby inform that the Company has filed an appeal before SAT.
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Awaiting price reaction for this filing.
Apollo Ingredients Ltd has filed an appeal (Appeal Lodging No. 23 of 2026) before the Securities Appellate Tribunal (SAT) against action taken by BSE Limited. BSE had imposed fines and frozen the demat accounts of the company's promoter group for alleged non-compliance with SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The matter is currently under consideration before SAT, and the company has committed to making further disclosures as needed. The filing is a regulatory disclosure under Regulation 30 of SEBI LODR, made on January 27, 2026.
For retail investors, this means the promoter group's demat accounts are currently frozen, restricting their ability to deal in the company's shares, which could affect share liquidity and sentiment. The SAT appeal offers a chance to potentially reverse the penalties and unfreeze accounts, but until a ruling, uncertainty around compliance status and promoter holdings remains a risk for the stock.