Interim order on delayed AGM compounding application; about Rs 2.59 lakh fee levied

Consent Order AcceptedRegulatory & Legal View source PDF

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AI summary

The Ministry of Corporate Affairs Regional Director passed an interim order on the company's own compounding application for delaying its FY25 AGM by 56 days (held Nov 25, 2025 instead of due Sep 30, 2025). A total compounding fee of Rs 2.59 lakh has been levied on the company and three officers. The company reported a loss of about Rs 13.46 crore in FY25. The default is classified as unintentional procedural non-compliance with no prior similar offence. Payment due within 30 days.

Likely market impact

Minor procedural issue with small financial impact. Unlikely to materially affect the stock or operations.