Interim order from MCA for non-appointment of Company Secretary

Regulatory & Legal View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹234.00

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.3% vs market

Gems, Jewellery And Watches peers, median of 39sector+0.2%-1.1% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.1 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+0.4-1.3+0.2-1.1

Next day

-1.3-0.2-1.1+0.5-1.8

+2.9+0.3+2.6+1.8+1.0

-0.2+0.6-0.8+0.7-1.0

-0.0+0.8-0.8+1.9-1.9

-0.6+0.4-1.0+1.2-1.8

+0.1+0.7-0.6+0.9-0.8

15d

+0.0+2.0-2.0+3.8-3.8

+0.4+0.7-0.3+0.5-0.1

-10.3-3.4-7.0+0.5-10.8

—————

UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ceenik Exports received an interim order from the Regional Director, Western Region, Ministry of Corporate Affairs under Section 441 of the Companies Act, 2013, regarding compounding of default under Section 203 for not appointing a Company Secretary from September 2016 to August 2019. A penalty of Rs 1,60,000 has been imposed. The company states there is no material impact on business operations, management, or continuity.

Likely market impact

Minor penalty of Rs 1.6 lakh for a past compliance lapse. No material impact on business or operations as confirmed by the company.