Ddev Plastiks Industries Limited has informed the Exchange regarding 'Board comments on fine levied by the Exchange'.
DDEVPLSTIK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ddev Plastiks Industries Limited received fine notices from both BSE and NSE dated March 13, 2026, for failing to provide prior intimation of a Board meeting held on February 10, 2026, which considered an interim dividend declaration. This violated Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The total fine was Rs. 10,000 basic plus Rs. 1,800 GST (Rs. 11,800), which the company paid on March 16, 2026. The Board reviewed the notices at its meeting on May 25, 2026, and noted this was a first-time, unintentional lapse. The Board has directed the compliance team to strengthen monitoring of statutory filings and obligations to prevent recurrence and protect investor interests.
This is a minor, first-time regulatory lapse with a small fine that has already been paid. While it reflects a governance gap, the company's prompt corrective action and payment are positive. No material impact on the stock expected, though repeated non-compliance could attract further action including freezing of promoter shareholding.