Intimation regarding the fine levied for Non - Submission of the statement on shareholder complaints within the prescribed Regulation 13(3) of the SEBI Listing regulations or under any ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gala Global Products Ltd received a notice from BSE on 20 February 2026 for failing to submit the shareholder complaints statement on time for the quarter ended December 2025, as required under Regulation 13(3) of the SEBI Listing Regulations. A fine of Rs. 5,900 (inclusive of GST) was levied on the company for this non-compliance. The company has since paid the fine on 1 March 2026 and disclosed the matter to the stock exchange on 5 March 2026 under Regulation 30. The issue is purely procedural and related to investor grievance redressal reporting timelines.
This is a very minor compliance lapse with a negligible financial impact (Rs. 5,900) and is unlikely to materially affect the stock price or shareholder value. It signals some weakness in the company's compliance and disclosure processes, which investors should monitor.