Pursuant to the Provisions of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, this is to inform you that Company has received a letter vide ....
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Wallfort Financial Services Ltd has received a communication from BSE Limited dated 27th May 2025 imposing a penalty of ₹1,50,000 (exclusive of 18% GST) for alleged non-compliance related to non-closure of VAPT (Vulnerability Assessment and Penetration Testing) vulnerabilities for FY 2024-25 within the prescribed timeline of 31st March 2025. The disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015. The company has stated it will file a waiver application with BSE within the prescribed time. The company has confirmed that there is no financial or operational impact from this penalty.
The penalty amount is small (₹1,50,000 + GST) and the company has stated no material financial or operational impact, making this largely a compliance/administrative matter rather than a fundamental concern for shareholders. The waiver application may resolve it further.