Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
KEYFINSERV · price
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Keynote Financial Services has informed exchanges that both NSE and BSE have waived fines that were earlier imposed on the company for non-compliance with SEBI LODR Regulations for the quarter ended June 30, 2025. The non-compliance related to Regulation 18 (Audit Committee) and Regulation 19 (Nomination and Remuneration Committee). Each exchange had levied a fine of Rs. 2,73,760 plus GST, but the company's waiver request was approved, and the fines have been set aside. The company had previously disclosed this non-compliance on September 1, 2025.
This is a positive outcome for shareholders as the company avoids a combined financial burden of roughly Rs. 5.5 lakh plus GST, and the resolution of the compliance issue removes a regulatory overhang on the stock.