Announced Tue, 21 Jul · 15:33 IST
BSE rejects waiver request; company pays Rs 1.32 lakh SOP fine
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.8%1-day move
₹275.10
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.8-1.5+1.8+1.8——————
Up moveDown movePending
AI summary
Panchmahal Steel received a Regret Letter from BSE on July 20, 2026, rejecting its request to waive a fine of Rs 1,32,160 (including GST). The fine was for not having the Nomination and Remuneration Committee properly set up under SEBI Listing Regulation 19 during part of the quarter ending March 2025. The company states there is no financial or operational impact and has already paid the fine.
Likely market impact
Minor compliance fine already paid; no impact on operations or finances. Low materiality for shareholders.