Announced Mon, 29 Jun · 14:16 IST
AXISCADES paid Rs 4.96 lakh fine for board composition non-compliance
AXISCADES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹1692.00
prior close
₹1677.20
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.1-0.4-1.0+1.4-1.4-0.8-2.4-5.6-8.9-6.3———
Up moveDown movePending
AI summary
NSE and BSE fined AXISCADES Rs 4.96 lakh (including GST) for non-compliance with Regulation 17(1) on board composition, specifically failure to appoint a woman director, for 84 days in the quarter ended March 2026. The fine was at Rs 5,000 per day. The company has already paid the fine. Board noted the composition lapse was regularized on March 26, 2026.
Likely market impact
Minor governance penalty, already paid and fixed. Risk of Z-category trading shift if board non-compliance repeats next quarter.