Suraj Limited has informed the Exchange regarding 'Board Comments on Fine levied by the Exchange'.
SURAJLTD · price
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Awaiting price reaction for this filing.
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.
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.