BSEKallam Textiles Ltd-$HighNegative
Announced Wed, 1 Jul · 16:49 IST

BSE fines Kallam Textiles Rs 1.71 lakh for late financial results filing

Sebi PenaltyRegulatory & Legal View source PDF

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AI summary

Kallam Textiles received a BSE email on June 30, 2026 levying a fine of Rs 1,71,100 (including GST) for late submission of audited financial results for the quarter and year ended March 31, 2026, under Regulation 33 of SEBI LODR Rules. The delay was attributed to the ongoing Corporate Insolvency Resolution Process, difficulties in reconciling financials, and audit challenges. The company had earlier requested an extension and is now also seeking a waiver of the fine. Daily fines will continue till results are submitted.

Likely market impact

Minor penalty of Rs 1.71 lakh due to CIRP-related delays. Company seeks waiver. Continued non-compliance risks Z group transfer and trading suspension.