Disclosure under regulation 30 (LODR) waiver of fine by BSE
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE Limited had imposed a fine of Rs. 2,47,800 (including GST) on Unifinz Capital India Ltd for non-compliance with board composition requirements, specifically the failure to appoint a woman director under Regulation 17(1) of SEBI Listing Regulations. The company submitted a waiver application on December 24, 2025. BSE's Internal Regulatory Oversight and Review Group (IRORG) reviewed the request and accepted the waiver application in full on April 16, 2026. The entire fine amount of Rs. 2,48,800 has been waived. BSE has advised the company to exercise caution and ensure timely compliance with SEBI circulars and exchange notices going forward.
Positive development for shareholders as the financial penalty has been fully waived. However, the company remains under regulatory scrutiny and must ensure future compliance with board composition norms to avoid further penalties.