Announced Thu, 17 Sept, 2026 · 15:46 IST
Board notes fine of 3.25 lakh rupees for board composition lapse
HARDWYN · price
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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹9.11
prior close
₹9.12
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.3+0.2-0.5+0.9-0.2+1.4+1.1+2.0+1.5————
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AI summary
Hardwyn India's Board acknowledged a fine of 3,25,000 rupees plus GST levied by NSE and BSE for non-compliance with SEBI LODR Regulation 17(1) for the quarter ended June 30, 2026. The lapse was due to an inadvertent board composition mismatch after a non-executive director resigned on June 5, 2026. The company has since appointed two new directors and is now compliant. The Board plans to apply for a waiver of the fine.
Likely market impact
Minor governance fine already rectified. Company is seeking waiver. Negligible financial and stock impact.