Announced Thu, 30 Apr · 18:43 IST
SEBI Settlement Order over Reg.32 disclosure non-compliance, Rs.12.35 lakh paid
MARKOLINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹150.00
prior close
₹151.07
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.8+0.7+0.5+1.7+1.9+6.0+6.0+9.8+7.3+10.7+10.3+16.7—
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AI summary
SEBI passed a Settlement Order against Markolines Pavement Technologies for alleged delay/non-compliance in filing statements of deviation in use of issue proceeds under Reg.32 of SEBI LODR Regulations during FY 2021-22. The company, listed in 2021, says it was new to listing compliances and inadvertently missed filings, but later made corrective submissions. Company paid Rs.12.35 lakh as settlement. Matter disposed of without admission/denial.
Likely market impact
Minor financial impact - Rs.12.35 lakh settlement is insignificant vs. company revenue. Regulatory matter closed; compliance strengthened going forward.