RBI FEMA compounding order over subsidiary investment reporting delay

RBI Foreign Exchange Department has passed a Compounding Order dated July 6, 2026 against Carysil under Section 15(1) of FEMA for delay in reporting an overseas investment made by its subsidiary. A compounding sum of INR 1,44,000 (One Lakh Forty Four Thousand) has been levied for contravention of Regulation 13 of the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004. The company states the order pertains to a procedural reporting delay and has no material impact on financial, operational, or other activities beyond the penalty.