Intimation of levy of fine under Regulation 17(1) of SEBI LODR Regulation, 2015
ZEELEARN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BSE and NSE have levied a fine of Rs 5,000 each (plus applicable GST) on Zee Learn Ltd for non-compliance with Regulation 17(1) of SEBI LODR Regulations. The violation was due to the absence of a Woman Director on the Board for just one day. The company received communication from both exchanges on May 27, 2026, and the Board took note of the fine in its meeting on May 29, 2026. The Board described the non-compliance as technical and stated that the Board composition has since been fully compliant with regulatory requirements. The company has also directed strengthening of internal monitoring mechanisms to prevent recurrence.
The fine amount is minimal (Rs 10,000 total) and the non-compliance has been rectified, so this has no material financial or operational impact on the company. The stock is unlikely to see any negative reaction as the issue was temporary and immediately corrected.