As per the instructions of National Stock Exchange of India Limited & BSE Limited, the attached letter is being disseminated on the website of the stock exchange(s).
KANORICHEM · price
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Awaiting price reaction for this filing.
Both NSE and BSE have issued warning letters (dated January 6, 2026) to Kanoria Chemicals & Industries Limited for failing to follow SEBI Listing Rules. The company's Risk Management Committee met only once in the financial year instead of the required minimum of two times. Additionally, the gap between two consecutive meetings of this committee went beyond the 210-day limit prescribed by SEBI. The stock exchanges have called this non-compliance serious and told the company to exercise greater caution going forward. The company has been directed to share the warning letter with its Board along with corrective measures. This filing is essentially the company disseminating those warning letters on the stock exchange website as instructed.
This is a regulatory warning, not a financial penalty, so there is no direct impact on earnings. However, it signals weakness in corporate governance compliance, which may concern investors who track governance quality. Continued lapses could invite stricter action from the exchanges or SEBI in the future.