This warning letter was issued yesterday to the company, and we are making this announcement within 24 hours of the receipt of the warning and we will make sure that such omission will ....
Awaiting price reaction for this filing.
The company received a warning letter from BSE on May 30, 2025, for delayed disclosure under SEBI LODR Regulation 30. An income tax demand notice was received by the company on December 6, 2023, but the disclosure was only submitted on May 28, 2025, after BSE's intervention—a delay of roughly 17 months. The company attributed the lapse to an inadvertent clerical oversight and committed to better compliance going forward. BSE has cautioned that any repeat of such non-compliance will invite stricter action. The underlying income tax demand itself has not been quantified in this filing.
This is a procedural compliance warning rather than a monetary penalty, so direct financial impact is limited. However, shareholders should note that the underlying tax demand from December 2023 hasn't been detailed, and repeated non-compliance could trigger harsher regulatory action including penalties or trading restrictions.