Announced Tue, 23 Jun · 14:20 IST

BSE fine of Rs 2,360 for delayed secretarial compliance report

Sebi PenaltyRegulatory & Legal View source PDF

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+10.0%1-day move
₹1.60
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₹1.68
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AI summary

Gala Global Products received a fine of Rs 2,360 including GST from BSE for not submitting its secretarial compliance report on time under Regulation 24A(2) of SEBI Listing Regulations for the year ended March 2026. The company received the notice on 22 June 2026 and has 15 days to pay. The financial impact is limited to just the fine amount, with no impact on operations mentioned.

Likely market impact

Minor procedural lapse with negligible financial impact. Signals weak compliance discipline but unlikely to affect share price materially.