GTPL Hathway Limited has informed the Exchange regarding 'Board comments on fine levied by the Exchange'.
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GTPL Hathway informed the exchanges about the Board's response to penalties imposed by BSE and NSE on May 14, 2025. The fine of Rs. 23,600 (Rs. 20,000 base + Rs. 3,600 GST) was levied for delayed prior intimation of a board meeting held on April 16, 2025, in violation of Regulation 29(2)/29(3) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The Board reviewed the matter at its July 10, 2025 meeting, instructed the Company Secretary and Compliance Officer to ensure strict compliance going forward, and noted that the fine had already been paid on May 21, 2025. The issue is a minor procedural non-compliance rather than a substantive regulatory violation.
The fine amount is very small relative to the company's size and has already been paid, so the direct financial impact on shareholders is negligible. The matter is a routine regulatory compliance issue and is unlikely to affect the stock price, though it signals a need for tighter disclosure processes at the company.