Announced Wed, 17 Dec · 15:14 IST

Disclosure under Regulation 30

Sebi PenaltyRegulatory & Legal View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kreon Finnancial Services Ltd has informed the stock exchange that BSE Limited imposed a fine of Rs. 5,000 plus 18% GST (totaling Rs. 5,900) on the company via email dated December 16, 2025. The penalty was levied for delay in disclosing related party transactions in the specified format as required under Regulation 23(9) of the SEBI Listing Regulations. The company has stated there is no material financial or operational impact beyond the fine amount itself. The fine is payable to BSE if not waived, and the disclosure was signed by Niharika Goyal, Chief Compliance Officer.

Likely market impact

The financial impact is negligible at just Rs. 5,900 and is unlikely to affect the stock price or shareholder value. However, it highlights a minor compliance lapse in timely disclosure of related party transactions, which is a routine regulatory requirement.