Submission of Intimation regarding fine levied by BSE limited regarding inadvertently missing of an agenda item regarding declaration of dividend while submitting the prior intimation of ....
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Samkrg Pistons & Rings informed BSE that the exchange has levied a fine of Rs. 10,000 plus 18% GST under Regulation 29(2)/29(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The penalty relates to the company inadvertently omitting the agenda item regarding declaration of dividend while submitting the prior intimation of its Board Meeting on May 14, 2025. BSE communicated the order on August 14, 2025. The company has already paid the fine and stated that the financial impact is limited to this amount. The filing was made under Regulation 30 of SEBI LODR read with Clause 20 of Part A of Schedule III.
This is a minor compliance lapse with negligible financial impact (Rs. 11,800 total fine, already paid). No material effect on operations, financials, or shareholders is expected — it is a procedural disclosure issue rather than a substantive regulatory or governance concern.