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Awaiting price reaction for this filing.
BSE Limited has fined Sofcom Systems Ltd for two delays in regulatory filings for the quarter ended June 30, 2025. The first fine of Rs. 18,880 (including 18% GST) is for late submission of the Statement on Shareholder Complaints under Regulation 13(3). The second fine of Rs. 66,080 (including 18% GST) is for late submission of the Shareholding Pattern under Regulation 31. BSE communicated these penalties on September 1, 2025, and the company disclosed the matter on September 2, 2025. The combined financial impact is around Rs. 84,960, though the filing quantifies monetary impact at Rs. 66,080.
The fines are small in absolute terms and unlikely to materially affect the company's financials, but they highlight weak compliance with stock exchange filing deadlines, which is a negative governance signal for shareholders.