Announced Fri, 19 Sept · 16:54 IST

Due to inadvertent oversight.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shah Construction Company has submitted a clarification to BSE regarding a previous announcement about a fine received from the exchange. The company was levied a fine of Rs. 11,800 (inclusive of GST) for delayed submission of prior intimation about a board meeting, as required under Regulation 29(2)/(3) of SEBI's LODR Regulations. The company attributes the delay to an inadvertent oversight and has requested BSE to take the clarification on record. The original intimation was made on 18th September 2025, and this follow-up clarification is dated 19th September 2025.

Likely market impact

This is a minor compliance lapse with a small financial penalty (Rs. 11,800). The cause cited — inadvertent oversight — suggests a procedural error rather than a deliberate regulatory breach, and is unlikely to materially affect the stock price or shareholder interests.