Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - for Leavy of Fine
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Automobile Products of India Ltd has been informed by BSE Limited via email dated February 19, 2026, about a fine of Rs. 10,85,600 (inclusive of GST) for the quarter October 1, 2025 to December 31, 2025. The fine was levied because the company did not meet the minimum public shareholding requirement as mandated under Regulation 38 of the SEBI Listing Regulations. The company has stated that it is in the process of complying with the minimum public shareholding requirements at the earliest. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015.
This is a relatively minor penalty (Rs. 10.86 lakh) for a procedural compliance failure rather than any business or governance issue. Investors should monitor whether the company resolves the public shareholding shortfall soon, as prolonged non-compliance could invite further penalties or restrictions from the exchange.