Salona Cotspin Limited has informed the Exchange about Action(s) taken or orders passed
SALONA · price
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Awaiting price reaction for this filing.
Salona Cotspin Limited received an order from the Registrar of Companies (RoC), Coimbatore, under Section 454 of the Companies Act, 2013, for a two-day delay in filing E-form MGT-15 for FY 2021-2022 (which relates to the annual return report). The order was received via email on January 8, 2026. The company has clarified that no monetary penalty has been imposed on either the company or its officers-in-default, and there is no significant impact on the company's financials, operations, or other activities.
This is a minor procedural compliance issue with no financial penalty and no material impact on the company's operations or financial position. Shareholders are unlikely to see any meaningful effect on the stock price from this order.