Board of Directors comments on the delayed submission of disclosure of related party transactions for the half year ended September 30, 2025 under Regulation 23(9) of SEBI (Listing Obligations ....
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Awaiting price reaction for this filing.
Automobile Corporation of Goa informed BSE that its Board, at a meeting on January 19, 2026, noted an inadvertent one-day delay in submitting the disclosure of related party transactions for the half year ended September 30, 2025, as required under SEBI LODR Regulation 23(9). The company has paid a fine of Rs. 5,000 (excluding GST) imposed by BSE for the late filing. The Board has advised management to strengthen internal controls to prevent such delays in the future.
This is a minor compliance issue with a negligible financial penalty and no impact on business operations. Shareholders are unlikely to see any material effect on the stock, though it highlights a need for better filing discipline.