Gujarat Pipavav Port Limited has informed the Exchange regarding 'Board comments on fine levied by NSE'.
GPPL · price
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Awaiting price reaction for this filing.
Gujarat Pipavav Port Limited received a notice from NSE for delay in complying with Regulation 23(9) of SEBI Listing Regulations. The company has already paid the fine of Rs. 25,000 plus GST on 3rd July 2025. The Board, at its meeting on 13th August 2025, noted that the delay was caused by a technical error during filing. The Board acknowledged that a representation could have been made to NSE seeking redressal, even without the screenshot of the technical error.
This is a minor compliance issue with a small fine and no material business impact. Shareholders need not worry as the matter is resolved and the company has rectified the filing delay.