Pursuant to provision of Regulation 30 of SEBI [Listing Obligation and Disclosure Requirements] Regulations 2015, this is to inform you that the Company has received a letter vide email ....
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Wallfort Financial Services has received a letter from NSE dated June 11, 2025, imposing a penalty of Rs. 1,50,000 (plus 18% GST) for failing to close VAPT (Vulnerability Assessment and Penetration Testing) issues for FY 2024-25 by the March 31, 2025 deadline. VAPT is a cybersecurity compliance requirement for stock brokers under SEBI's cyber security framework. The company stated it has no material financial or operational impact from this penalty and plans to file a waiver application with NSE within the prescribed time.
The penalty is small (Rs. 1.50 lakh before GST) and the company has confirmed no financial or operational impact, so this is a minor compliance issue unlikely to affect the stock price. Shareholders should note the cybersecurity lapse, though the company is seeking a waiver.