Laxmi Dental Limited has informed the Exchange regarding 'Board Comments on fine levied by the National Stock Exchange of India Limited ( the Exchange ) for non-compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations )'
LAXMIDENTL · price
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Laxmi Dental received a notice from NSE dated June 27, 2025 for delayed compliance with Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements Regulations for the half-year ended March 31, 2025. The Board met on July 28, 2025, reviewed the matter, and stated that the delay was unintentional and beyond the company's control. The Board has directed management to ensure timely compliance going forward. The company has already paid the fine levied by NSE within the prescribed timeline.
This is a minor compliance-related fine for a procedural delay and is unlikely to have any material impact on the company's financials or stock price. The company has already settled the fine, and the Board has committed to avoiding such delays in future.