The Company received communication from BSE regarding SOP fine for delay in submission of financial results under regulation 33 for the F.Y. ended 31st March 2025. Waiver request was rejected ....
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Microse India informed the exchange that BSE levied a Standard Operating Procedure (SOP) fine for delay in submitting complete financial results for the quarter and year ended March 31, 2025 under Regulation 33 of the SEBI Listing Regulations. While the company filed its main results on May 28, 2025, the Statement on Impact of Audit Qualification was submitted later on July 17, 2025, which BSE treated as the actual compliance date. The company's request for waiver of the fine was rejected by BSE's Internal Regulatory Oversight and Review Group on January 21, 2026. The total fine of ₹2,71,400 (including 18% GST) has since been paid by the company on January 27, 2026, while reserving the right to seek review.
The financial hit is small (about ₹2.71 lakh) and the company says there is no material impact on operations or other activities. For shareholders, this is a minor compliance penalty and largely a procedural matter, though it signals past lapses in timely disclosure.