Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015
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Birlasoft Limited has received a penalty notice from the Federal Agency for Occupational Risks (FEDRIS) in Belgium for failing to enter into a mandatory occupational accident insurance contract with an authorized insurer under Belgian law. The penalty amount levied is €11,797.91 (approximately ₹1.1 lakh depending on exchange rate). The communication was received on January 12, 2026. The company has clarified that this penalty has no material impact on its financials, operations, or other activities.
The penalty is small and non-material, relating to a compliance lapse in Belgian operations. Shareholders are unlikely to see any meaningful effect on financials or stock price from this disclosure.