As per attachment.

Sebi PenaltyRegulatory & Legal View source PDF Explain this filing

Price

Loading chart…

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

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

+3.6%Reaction day

₹272.25

prior close

₹282.60

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+4.1% vs market

Auto Components & Equipments peers, median of 111sector-1.3%+4.8% vs sector

On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 4.8 pts more than its Auto Components & Equipments 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

-1.2

10m

-1.2

15m

-1.3

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6-0.5+4.1-1.3+4.8

Next day

+2.8-1.0+3.9-1.3+4.2

+3.2-2.1+5.3-1.7+4.9

+1.7-4.4+6.2-4.2+6.0

-0.1-2.6+2.5-2.9+2.9

+0.3-3.2+3.4-3.6+3.8

-0.1-2.5+2.4-2.3+2.2

15d

-3.6-1.7-1.8-1.8-1.8

-3.4-0.3-3.1+0.6-4.0

-6.9-5.0-1.9-5.7-1.2

-36.8-11.6-25.2-10.3-26.5

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 111Pending

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

AI summary

GG Automotive Gears Ltd has been fined Rs. 3,06,800 by BSE for failing to comply with SEBI's Regulation 17(1) of LODR Regulations, 2015, specifically for not maintaining the required composition of the Board — the company had not appointed an Independent Director. The fine includes a basic penalty of Rs. 2,60,000 plus Rs. 46,800 in GST. The company received communication about the penalty via BSE letters/emails dated November 28, 2025, and disclosed this to the exchange on December 3, 2025. The company has stated there is no material impact on its financial or operational activities and is requesting a waiver of the fines from BSE.

Likely market impact

The financial impact is negligible (just over Rs. 3 lakh), but this highlights a corporate governance lapse — the company operated without a mandatory Independent Director. Investors should watch whether the board composition is rectified promptly, as continued non-compliance could attract larger penalties or regulatory action.