Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 regarding update on SOP Fine.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cupid Breweries and Distilleries had delayed filing its unaudited financial results for the quarter and half year ended September 30, 2025, leading BSE to levy an SOP (Standard Operating Procedure) fine under SEBI Listing Regulations. The company's Board approved the pending results on January 29, 2026, and submitted them to BSE. Following this, the company paid the SOP fine of Rs. 4,36,600 (inclusive of GST) on January 30, 2026, covering the period of non-compliance. A waiver application already submitted by the company is still under review with BSE, and the outcome will be communicated later.
The fine is small (under Rs. 5 lakh) and appears to be a routine procedural penalty for late filing rather than a substantive regulatory action. Shareholders should note the pending waiver decision, which could result in a refund if approved, but the near-term financial impact on the company is negligible.