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 )'

SEBI penaltyRegulatory & Legal View source PDF Explain this filing

LAXMIDENTL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.3%Reaction day

₹445.00

prior close

₹445.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.5%-5.8% vs market

Medical Equipment & Supplies peers, median of 11sector-0.6%-3.6% vs sector

On the reaction day the stock moved 5.8 pts less than Nifty Microcap 250 and 3.6 pts less than its Medical Equipment & Supplies peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-1.1

15m

-0.7

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.3+1.5-5.8-0.6-3.6

Next day

-3.1+1.8-4.9+0.6-3.6

-4.3+1.1-5.4-1.3-3.0

-7.6-0.5-7.1-0.7-6.9

-5.1+0.0-5.2+2.3-7.5

-7.6-0.3-7.3-0.2-7.4

-9.7-1.7-8.0-1.6-8.2

15d

-21.6+0.1-21.7-0.2-21.4

-23.6-2.9-20.7+5.5-29.1

-28.2-3.0-25.3-1.5-26.7

-29.5+1.0-30.5+7.4-36.9

UpDownMarket · Nifty Microcap 250Sector · Medical Equipment & Supplies peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.