Corporate Announcement under Regulation 30 of SEBI(LODR) Regulations, 2015 for payment of fine under SOP- Reg 24A, SOP Reg-27(2) and SOP-Reg 17(2) - for Payment of fine as per SEBI circular ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deco Mica Ltd has paid fines totaling Rs. 1,01,520 (including GST) to BSE Limited for non-compliance with three SEBI LODR regulations. The penalties were imposed for: (1) Regulation 24A - delayed Secretarial Compliance Report for Q4 FY25 by 27 days, (2) Regulation 27(2) - delayed Corporate Governance Report for Q2 FY18 by about a month, and (3) Regulation 17(2) - non-compliance with Board Meeting requirements. The company received the penalty notice on March 31, 2026 and paid the fine the same day via RTGS. The net amount paid after TDS deduction was Rs. 1,01,520 across three components totaling Rs. 1,11,000 gross. The company stated the financial impact is nil except for the penalty amount.
This is a routine regulatory compliance penalty for administrative delays in filing requirements. While the fine amount is small relative to company size, it indicates past lapses in timely regulatory submissions which investors may view negatively as a governance concern.