C.E. Info Systems Limited has informed the Exchange regarding 'Board Comments on SOP fine'.
MAPMYINDIA · price
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Awaiting price reaction for this filing.
NSE levied a minor SOP fine of Rs. 5,000 plus 18% GST (total Rs. 5,900) on C.E. Info Systems (MapMyIndia) for a one-day delay in submitting the Related Party Transactions disclosure under Regulation 23(9) of SEBI LODR Regulations for the half-year ended September 30, 2025. The company's Board met on February 13, 2026, and characterized the delay as inadvertent, caused by a misinterpretation of the regulation. The disclosure has since been filed and the fine has already been paid within the required timeline. The Board acknowledged the corrective actions taken by the Compliance Officer and advised strengthening internal systems to prevent future delays.
This is a minor technical compliance lapse with a negligible financial penalty (Rs. 5,900). No impact on business operations or shareholder value is expected, though it highlights the need for tighter compliance monitoring around RPT disclosures.