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Awaiting price reaction for this filing.
Ceenik Exports India Ltd received a Final Order on December 27, 2025 from the Regional Director (Western Region) of the Ministry of Corporate Affairs (MCA) under Section 441 of the Companies Act, 2013. The order relates to compounding of a default under Section 139 of the Companies Act for non-compliance during FY 2015-16 to 2017-18, where the company appointed its Statutory Auditor for 1 year instead of the required 5-year term and failed to file Form ADT-1. The company and its officers in default have paid an aggregate penalty of Rs. 4,25,000 (including Rs. 1,50,000 to MCA). The company has confirmed there is no material impact on its business operations or continuity from this order.
This is a minor, historical compliance issue (from 7-10 years ago) that has been resolved through payment of a relatively small penalty. No material impact on operations, financials, or business continuity — likely a non-event for the stock price.