Board comments on minor SEBI LODR fine for delayed dividend intimation
KHAICHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Stock exchanges NSE and BSE imposed a fine of Rs. 11,800 each (including GST) on Khaitan Chemicals and Fertilizers for delayed compliance with SEBI LODR Regulation 29. The company did not give prior intimation about the dividend agenda item before the March 31, 2026 board meeting. The dividend was decided during the meeting itself and disclosed immediately after. The board called the lapse inadvertent with no material impact. Fines have been paid and internal compliance controls have been strengthened.
Minor procedural penalty fully paid; no material impact on financials or operations. Governance controls strengthened.