BSEMorgan Ventures LtdMediumNeutral
Announced Fri, 30 Jan · 12:07 IST

Intimation of Waiver of Fine

Regulatory & Legal View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Morgan Ventures received a notice from BSE on June 28, 2024 for a one-day delay in filing its Related Party Transaction (RPT) disclosure under Regulation 23(9) of SEBI's Listing Regulations for the March 2024 quarter, attracting a fine of Rs. 5,900. The company appealed to BSE on July 17, 2024, citing technical glitches in BSE's own filing system. BSE's Internal Regulatory Oversight and Review Group (IRORG) reviewed the matter, found merit in the company's explanation that it had emailed the exchange about XBRL technical issues on May 29, 2024 and filed the RPT disclosure the next morning at 9:37 AM, and accepted the waiver request. The waiver was communicated to the company via email on January 29, 2026.

Likely market impact

Positive for shareholders — the small Rs. 5,900 penalty has been fully waived, so there is no residual financial liability. The matter is closed with no impact on the company's compliance standing or stock price.