BSESuraj Industries LtdMediumNegative
Announced Sat, 15 Nov · 15:55 IST

Intimation under Regulation 30 of SEBI (LODR), Regulations, 2015

Sebi PenaltyRegulatory & Legal View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BSE Limited imposed a fine of Rs. 10,000 (plus GST) on Suraj Industries Ltd for alleged non-compliance with Regulation 29 of the SEBI Listing Regulations, related to the prior intimation of a Rights Issue Committee meeting held on October 7, 2025. The company received the notice on November 14, 2025. Suraj Industries has stated that it fully complied with all intimation requirements and has already filed a request with BSE to withdraw the fine. The company's compliance officer confirmed there is no impact on financials, operations, or other activities beyond the small fine amount.

Likely market impact

This is a minor, technical penalty with negligible financial impact (Rs. 10,000 plus GST). The company is contesting it, so there should be no lasting effect on the stock price, though it highlights some procedural lapse in timely disclosures.