Suraj Limited has informed the Exchange regarding 'Board Comments on Fine levied by the Exchange'.

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SURAJLTD · price

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹365.70

prior close

₹376.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+1.4% vs market

Iron & Steel Products peers, median of 89sector-0.4%+1.6% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.6 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-0.9

15m

-0.9

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.2-0.3+1.4-0.4+1.6

Next day

-2.9-2.2-0.7-2.0-0.9

-3.2-3.4+0.2-3.3+0.1

-3.3-1.9-1.4-1.7-1.7

-0.2-1.6+1.4-2.0+1.8

-2.7-2.3-0.3-2.7+0.0

-2.9-3.3+0.4-3.5+0.6

15d

-4.9-5.8+0.9-7.8+2.9

-9.7-3.7-6.0-7.1-2.7

-13.9-2.4-11.5-4.9-8.9

-15.8-3.5-12.3-7.1-8.7

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 89Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Suraj Limited's Board met on July 24, 2025 and approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). The Board also addressed two fine notices received from NSE and BSE on June 27, 2025. The NSE fine was for not scanning the cash flow statement, while the BSE fine was for not submitting the Secretarial Compliance Report in PDF format (Regulation 24A). The company clarified that both lapses were inadvertent human errors and that all actual financial results and XBRL filings were submitted on time. Both fines have been paid, and the Board has advised management to ensure stricter compliance going forward.

Likely market impact

This is a minor procedural compliance issue rather than any financial or governance wrongdoing. The fines are small and already settled, so the impact on shareholders or stock price is expected to be negligible. No impact on business operations or financials.