Announced Thu, 21 May · 15:49 IST

Intimation dated 21.05.2026 under Regulation 30 of SEBI (LODR) regarding levy of fine is attached .

Sebi PenaltyRegulatory & Legal View source PDF

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₹117.50
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AI summary

BSE Limited has imposed a fine of Rs. 1,06,200 (inclusive of GST) on Pearl Green Clubs and Resorts Ltd for non-compliance with Regulation 6(1) of SEBI (LODR) Regulations, 2015. The specific violation relates to the non-appointment of a qualified company secretary as the compliance officer for the quarter ended March 2025. The company received the fine notice on May 20, 2026, and has already processed the payment. The company states there is no material impact on its financial, operational, or other activities as a result of this fine.

Likely market impact

The fine amount is relatively small (Rs. 1.06 lakh) and the company has already paid it, indicating no immediate financial stress. However, the underlying compliance failure (lack of a qualified compliance officer) could raise concerns about corporate governance standards and may attract further regulatory scrutiny if not rectified.