Intimation on levy of penalty - delay of 2 days in submission of Shareholding pattern
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nivaka Fashions Ltd has been levied penalties by BSE Limited and Metropolitan Stock Exchange of India Limited for a 2-day delay in submitting the Shareholding Pattern for the quarter ended December 2025. The filing was due on January 21, 2026, but was submitted on January 23, 2026. BSE has imposed a penalty of ₹4,720 (including GST), and the Metropolitan Stock Exchange has levied a similar penalty of ₹4,720 (including GST), bringing the total to ₹9,440. The company has described the delay as procedural in nature and stated that necessary steps have been taken to ensure future compliance with regulatory requirements.
The penalty amount is negligible (under ₹10,000 total) and is unlikely to have any material impact on the company's financials or stock price. This is a minor compliance lapse with no broader regulatory or governance concerns indicated.