Shree Rama Newsprint Limited has informed the Exchange about Action(s) initiated or orders passed
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On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.5 pts more than its Other Beverages peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shree Rama Newsprint Limited received notices dated 21st August 2025 from BSE and NSE imposing a monetary fine of Rs. 28,320 each (inclusive of 18% GST) for a 24-day delay in complying with Regulation 6 of SEBI (LODR) Regulations, 2015, which pertains to the appointment of a Compliance Officer. The total fine liability is approximately Rs. 56,640. The company has stated that there is no major financial or operational impact, and that the regulation has since been complied with effect from 29th May 2025. The disclosure is made under Regulation 30 of SEBI LODR read with Schedule III.
This is a minor, non-material penalty for a technical compliance lapse. The fine amount is small relative to typical corporate operations, the company is now compliant, and management has confirmed no major impact on financials or operations. Unlikely to move the stock price.