This is to inform that the Board of Directors of the Company at its meeting held today, i.e. 29th May 2025, inter-alia , has taken note of the fine imposed by BSE Ltd for the non compliance ....
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TCM Ltd's Board of Directors, at their meeting on 29 May 2025, noted a fine imposed by BSE Limited for late submission of the shareholding pattern under Regulation 31 of SEBI (LODR) Regulations, 2015 for the quarter ended 31 March 2025. The company delayed filing due to an oversight and was charged Rs. 2,000 per day, resulting in a total fine of Rs. 2,360 (including 18% GST). The Board has instructed the Company Secretary to ensure all exchange-related compliance filings are made well before the due dates going forward. The company has since complied with the regulation and already paid the fine within the prescribed time.
This is a minor regulatory compliance lapse with a negligible financial penalty. No impact on business operations or shareholder value is expected, though repeated non-compliance in future could risk the stock being moved to BSE's Z group or face trading suspension.