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JUNIPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Juniper Hotels received a fine of ₹4,60,200 (including GST) each from NSE and BSE for non-compliance with Regulation 17 of the SEBI Listing Regulations regarding Board composition. The non-compliance period was October 1, 2025 to December 17, 2025. The Board acknowledged the delay and stated it has a well-balanced mix of experienced directors. The company appointed Mr. Mayur Chokshi as Independent Director effective December 18, 2025, restoring compliance. The fine was paid within the prescribed timeline, and the Board has emphasized the importance of adhering to regulatory timelines going forward.
This is a relatively minor regulatory non-compliance that has been fully addressed. The fine amounts to under ₹10 lakh total and the company has already remedied the board composition issue. While it reflects a compliance lapse, the prompt corrective action and payment suggest no ongoing regulatory concern.