BSEHoward Hotels LtdHighNegative
Announced Fri, 20 Feb · 18:02 IST

Fine Levied by BSE

Sebi PenaltyRegulatory & Legal View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Howard Hotels Ltd was fined ₹11,800 by BSE for delaying the prior intimation of its board meeting to approve financial results for the quarter ended 31st December 2025, violating SEBI LODR Regulation 29(2)/29(3). The company received BSE's notice on 13th February 2026 and the Board acknowledged the lapse on 20th February 2026, calling it inadvertent and unintentional. The fine was paid the same day with no TDS deducted. The Board has directed management to strengthen internal compliance monitoring to avoid future recurrence.

Likely market impact

Minor compliance penalty already paid; unlikely to materially affect shareholders or stock price. However, it signals weak compliance processes which investors should monitor going forward.