As enclosed
RSYSTEMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
R Systems International Ltd received fines of Rs. 5,000/- each from BSE and NSE for delayed submission of Related Party Transaction (RPT) disclosure under SEBI Listing Regulations for the half-year ended December 31, 2025. The company attributed the delay (17 minutes and 4 seconds past midnight on February 11, 2026) to technical errors on the stock exchange portals, which were beyond its control. The company paid the fines on March 20, 2026, and filed a waiver application which was subsequently rejected. The Board reviewed the matter on May 6, 2026, and noted that the delay was negligible with no mala fide intent, reaffirming its commitment to regulatory compliance.
The total fine of Rs. 10,000 is immaterial and the company has accepted the penalty. This is a minor compliance matter with no material impact on operations or shareholder value, though it highlights the importance of robust filing processes.