Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
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BSE imposed a minor fine of Rs. 1,180 (Rs. 1,000 base + Rs. 180 GST) on Desco Infratech for late filing of the Statement of Investor Complaints for the quarter ended September 2025, as required under Regulation 13(3) of SEBI LODR Rules. The company received the notice from BSE on November 20, 2025, and has already paid the fine and rectified the non-compliance. The Board of Directors, at its meeting on December 16, 2025, took note of the matter and advised management to strengthen internal compliance monitoring to prevent future lapses. The company clarified the delay was purely inadvertent and unintentional. BSE also flagged compliance status for other regulations (6(1), 7(1), and 76) where no fines were applicable for the quarter.
The fine is negligible at just Rs. 1,180 and has no material impact on financials, operations, or share price. This is a routine minor compliance lapse that the company has already resolved, though shareholders may want to track whether repeat violations occur.