Imposition of fine by Stock Exchange under Regulation 13(3).
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Awaiting price reaction for this filing.
Monarch Surveyors and Engineering Consultants Ltd received a notice from BSE dated February 20, 2026, imposing a fine of Rs. 22,420 (including GST) for failing to submit the shareholder complaints statement within the prescribed time under Regulation 13(3) of SEBI Listing Regulations for the quarter ended December 31, 2025. The company has since completed the required compliance and submitted it to the stock exchange. The penalty must be paid within 15 days of the notice. The company has stated there is no financial, operational, or other impact beyond the small penalty amount.
This is a minor compliance lapse with a negligible financial penalty (Rs. 22,420) and is unlikely to materially affect shareholders or the stock price. The issue has already been rectified by the company.