Surana Solar Limited has informed the Exchange about General Updates
SURANASOL · price
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Awaiting price reaction for this filing.
Surana Solar Limited has received notices from both NSE and BSE for non-compliance with SEBI Listing Regulations, specifically for failing to submit consolidated financial results within the prescribed period under Regulation 33. A fine of Rs. 1,53,400 (including GST) has been imposed by each exchange, taking the total to around Rs. 3.07 lakh, payable within 15 days of the notice dated June 27, 2025. The company has stated there is no financial or operational impact and will be filing a response with both exchanges seeking a waiver of the fines. The fine was levied under the SEBI Master Circular dated November 11, 2024, which prescribes penal actions for such non-compliance.
The financial impact on the company is minimal given the small fine amount (under Rs. 3.1 lakh total), and the company has confirmed no operational or financial impact. Shareholders should note this reflects a procedural compliance lapse but is unlikely to materially affect the stock price.