Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 w.r.t. notice of Non-compliance received from BSE Limited & penalty levied and paid thereof
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Laffans Petrochemicals received a communication from BSE dated July 14, 2025, imposing a fine of Rs. 1,01,480 (including GST) under SEBI's standard penalty framework for non-compliance with Regulation 24A of the SEBI Listing Regulations. The violation relates to not filing the Annual Secretarial Compliance Report in the required XBRL format for the year ended March 2025, though the company had submitted the report in PDF format within the deadline. The company described the lapse as an inadvertent oversight with no malafide intent.
The fine is small (about Rs. 1 lakh) and the company says there is no material impact on its financial position, operations, or other activities. This is a routine procedural penalty and unlikely to affect the stock price, though it points to a minor compliance gap.