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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cosmo Ferrites received a communication from BSE regarding an earlier compliance issue related to incorrect filing of Compliance Officer details in the Reconciliation of Share Capital Audit Report for the quarter ended December 2023, under Regulation 76 of SEBI (Depositories and Participants) Regulations. BSE had previously levied a fine for this non-compliance. The exchange has now waived the fine and instead issued a Warning Letter under SEBI LODR Regulation 4(2)(e). The company has confirmed there is no financial or operational impact. BSE has advised the company to ensure timely and accurate disclosures in the future, with a note that repeated lapses could attract stricter disciplinary action.
This is a minor, positive development for shareholders — the financial penalty has been waived and the matter is closed with just a warning. No impact on operations, finances, or share price is expected.