Announced Fri, 22 May · 18:14 IST

We hereby submitting the Pursuant to Reg.30 of the SEBI (LODR),2015. We hereby inform you that bse Limited and MSEI Limited have levied a fine on the Company for Non-Compliance with Reg.6 ....

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AI summary

Sharpline Broadcast Ltd has been fined Rs. 88,500 each by BSE Limited and Metropolitan Stock Exchange Limited for non-compliance with Regulation 6(1) of SEBI (LODR) Regulations, 2015. The violation pertains to the non-appointment of a qualified Company Secretary as Compliance Officer for the quarter ended March 2026. Both fines include GST @ 18% and were received on 20th May 2026. The company has stated it will remit the fines within the stipulated time period and claims there is no material impact on its operations or financial activities beyond the penalty amount.

Likely market impact

The fine amounts to approximately Rs. 1.77 lakh in total, which is relatively small. However, it signals governance issues as the company failed to maintain required compliance staffing. Repeated non-compliance could lead to stricter actions from regulators.