Board Comments on non-compliance w.r.t Regulation 33 for the Previous Quarter ended March 31, 2025
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Calcom Vision informed BSE that the Board discussed a non-compliance issue related to SEBI Regulation 33 (LODR) for the quarter ended December 31, 2024. BSE levied a monetary fine of Rs. 35,400 (inclusive of GST) on the company for not submitting its financial results within the prescribed timeline. The Board clarified that the delay was due to an inadvertent clerical error during scanning — two pages of the Limited Review Report were unintentionally left out and not uploaded. The company has since submitted the complete financial results to the Exchange and also filed a waiver application with BSE, which is currently under process. The Board has committed to exercising extra caution in scanning and uploading results going forward to avoid repetition of such errors.
This is a minor regulatory penalty (Rs. 35,400) caused by a clerical oversight, not a financial or governance concern. The waiver application and corrective action suggest limited lasting impact on shareholders, though it does flag weak internal compliance processes.