Compounding fee of Rs 15 lakh levied on KMPs for FY 19-20 & 20-21
IMFA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IMFA received an order from the Regional Director (South East Region), Ministry of Corporate Affairs, levying a compounding fee of Rs 15 lakh on its Key Managerial Persons for mismatch in comparative figures in financial statements for FY 2019-20 to FY 2020-21. The company had voluntarily filed the compounding application on 10 Dec 2025 under Section 441 of the Companies Act, 2013. The order was passed on 23 Apr 2026 and received on 27 Apr 2026. The company has already paid the fee. No material impact on financials, operations, or other activities.
Minor regulatory compliance matter; Rs 15 lakh fee already paid with no material impact on operations, financials, or share price.