Board comments on BSE/NSE fine for late Compliance Officer appointment

Sebi PenaltyRegulatory & Legal View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-5.2%Reaction day

₹51.67

prior close

₹48.52

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-4.4% vs market

Other Textile Products peers, median of 171sector-0.0%-5.1% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 5.1 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

+7.2

Sessions after the filingfrom the prior close

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Reaction day

-5.2-0.8-4.4-0.0-5.1

Next day

-4.8+1.8-6.5+0.9-5.7

-3.1+2.8-5.9+1.3-4.5

-3.6+2.3-5.9+1.1-4.7

-1.3+1.8-3.1+0.5-1.8

-2.4+0.3-2.6-0.0-2.4

-8.7+0.5-9.2-0.4-8.2

15d

-7.1-2.5-4.6-3.6-3.5

-19.7-6.3-13.3-5.8-13.9

-17.7-8.0-9.7-10.2-7.5

-11.9+8.3-20.2+0.8-12.8

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 171Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Digjam informed exchanges that its Board reviewed fines levied by BSE and NSE for delay in appointing a Compliance Officer under SEBI LODR Regulation 6. The Board acknowledged the fines and stressed stricter adherence to regulatory timelines to avoid repeat violations. The fines have already been paid within applicable deadlines.

Likely market impact

Minor compliance lapse already resolved; no material financial impact but signals weak governance controls.