Announced Wed, 4 Feb · 19:46 IST

Settlement Order of SEBI

Sebi PenaltyConsent Order AcceptedRegulatory & Legal View source PDF Explain this filing

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Price reaction · full curve 14 horizons · vs prior close

+2.8%1-day move

₹245.00

prior close

₹244.05

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+4.1+5.3+4.2+4.1+2.8+0.5+2.0+1.5+0.0-7.1-13.1-10.6-12.3-16.6

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AI summary

Kerala Ayurveda Limited received a SEBI settlement order on February 4, 2026 for violating Regulation 23(4) of SEBI Listing Regulations. The company failed to obtain prior shareholder approval before entering into material related party transactions with Ayurvedagram Heritage Wellness Centre Private Limited during FY 2024-25. Shareholders later ratified these transactions on June 18, 2025, and the company filed a settlement application with SEBI on July 17, 2025. The company paid a settlement amount of approximately ₹5.80 lakhs (INR 5,80,005.90). Management stated there is no further material financial impact beyond this settlement payment.

Likely market impact

The financial impact is minor at around ₹5.80 lakhs in settlement fees. The issue is now resolved through SEBI's settlement process, but the violation highlights weaknesses in the company's related party transaction compliance, which may concern investors focused on governance standards.