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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE has rejected Kerala Ayurveda's waiver application (filed September 9, 2025) concerning a fine of ₹5,31,000 (including 18% GST) that was imposed on August 29, 2025. The fine was levied for non-compliance with Regulation 17(1) of the Listing Regulations relating to the composition of the Board during the period October 1, 2024 to June 30, 2025. The company had already remitted the full fine amount under protest on March 10, 2026. The company has stated that beyond the fine already paid, there is no material financial implication arising from this matter.
Since the fine of ₹5,31,000 has already been paid, there is no additional cash outflow from the waiver rejection. However, the underlying non-compliance with board composition rules for nearly nine months may raise governance concerns among investors, though the company has not flagged any further material impact on operations or finances.