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DHANBANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BSE Limited imposed a fine of Rs. 75,000 (plus GST) on Dhanlaxmi Bank for delaying the submission of its half-yearly Related Party Transactions disclosure for the period ended March 31, 2025, as required under SEBI's LODR Regulations. The Bank explained that the delay was caused by unforeseen technical glitches in the reporting system and noted that the same disclosure was submitted to NSE on time. The Bank has already paid the fine and formally requested BSE to waive it, citing the technical difficulties. The Board has directed management to ensure timely regulatory filings going forward and to re-confirm each filing for compliance.
The financial impact is negligible given the small fine amount, but the episode highlights compliance gaps in regulatory reporting to BSE. Investors should note management's commitment to stricter filing protocols to avoid future penalties.