BSESinnar Bidi Udyog LtdMediumNegative
Announced Fri, 10 Jul · 14:45 IST

Company pays BSE fine for delayed board meeting intimation

Sebi PenaltyRegulatory & Legal View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹799.00
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-5.5-10.2-14.2-13.6-9.4
Up moveDown movePending
AI summary

The company paid a fine of Rs 11,800 to BSE for not giving two clear working days prior notice before its 29 May 2026 board meeting that approved audited financial results for March 2026. The delay was caused by Bakri Eid holiday on 28 May 2026 making the intimation period short by one day. The Board called it an inadvertent procedural lapse with no intentional withholding of information. Management has been advised to ensure timely compliance going forward.

Likely market impact

Minor fine of Rs 11,800 already paid. Procedural lapse with no material impact. Investors should monitor future compliance.