Please refer your email dated 15-5-2026 regarding non-payment of Annual Listing Fees ("ALF"), for the financial year 2026-27. In this connection we wish to inform that in view of poor ....
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Olympic Cards Ltd has responded to a BSE reminder regarding non-payment of its Annual Listing Fees (ALF) for the financial year 2026-27. The company has requested the exchange to grant an extension until 31st July 2026 to make the payment, citing poor sales, weak market conditions and a poor financial position. The company, which manufactures wedding cards, greeting cards, stationery and printing materials, is based in Chennai and traded under scrip code 534190 on BSE.
This signals financial stress at the company, as it is struggling to pay even basic regulatory/listing fees. For shareholders, this is a negative red flag — persistent non-payment of listing fees could eventually put the stock at risk of being moved to the dissemination board or delisted, and reflects ongoing weak operating performance.