Intimation about imposition of fine by BSE Limited stating non complaint of Regulation 44(3) of LODR
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BSE Limited imposed a fine of Rs 11,800 on Jainco Projects (India) Ltd for failing to submit voting results within the required timeframe under Regulation 44(3) of SEBI's Listing Obligations and Disclosure Requirements (LODR). The order was received on 14 October 2025, with payment due by 29 October 2025. The company has stated that it has not yet defaulted on the payment and is taking legal advice on the matter. The financial impact is a minor one-time cash outflow of Rs 11,800 with no operational consequences disclosed.
The fine is immaterial in financial terms and unlikely to affect the stock price. However, it reflects a compliance lapse in timely disclosure of voting results, which shareholders may view as a minor governance red flag worth monitoring.