Dynemic Products Limited has informed the Exchange regarding 'Comments of Board '.
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Awaiting price reaction for this filing.
Dynemic Products' Board met on 13 February 2026 to take note of a penalty notice issued by BSE and NSE on 16 December 2025 for late submission of financial results for the quarter ended September 2025, under Regulation 33 of SEBI LODR Regulations. The total fine levied was Rs. 23,600 (Rs. 20,000 basic + Rs. 3,600 GST), calculated at Rs. 5,000 per day for 4 days of non-compliance. The Board explained the delay was caused by Income Tax Department search operations at the company's premises starting 12 November 2025, which prevented the company from holding a board meeting to approve the results, and the company had pre-informed the exchanges on 13 November 2025. The company has since submitted the financial results for the half year ended 30 September 2025 and paid the fine in full, and stated there is no material impact on its financial or operational activities.
The penalty amount is small and has been paid, with the company now back in compliance. However, a second consecutive default under Regulation 33 could trigger shifting of the stock to the Z category and suspension of trading, so investors should watch for timely future quarterly filings.