BSEEasy Fincorp LtdMediumNegative
Announced Tue, 28 Apr · 13:18 IST

Please find enclosed the disclosure

Sebi PenaltyRegulatory & Legal View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Easy Fincorp Limited received a BSE communication on 23 April 2026 regarding fines for alleged non-compliance with Regulations 29, 31, 33 and 34 of SEBI Listing Regulations. The non-compliances relate to historical quarters from December 2014 to November 2020. The issue is connected to the process of unfreezing promoter shareholding in Harrisons Malayalam Limited, a group company. The company states it received no prior separate notices during the relevant periods and has undertaken a detailed record review. An application for waiver of the applicable fine was filed on 27 April 2026. The financial impact remains unascertained pending the waiver outcome.

Likely market impact

The penalty pertains to historical periods, and the company has sought a waiver. While the financial impact is not yet determinable, an upheld fine could negatively affect earnings and shareholder value.