Waiver rejected; Rs 772,900 compliance fine paid
ZENITHEXPO · price
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On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.7 pts less than its Leather And Leather Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NSE rejected the company's waiver of a Rs 772,900 fine, including Rs 117,900 GST, for delayed Regulation 17(1) compliance during the quarters ended December 31, 2025 and March 31, 2026. The base fine was Rs 655,000. The company paid the full amount on October 23, 2026 and reported no impact on its finances or operations.
The payment is a one-time Rs 772,900 cash outflow. No financial or operational impact was reported, but compliance lapses may hurt investor sentiment.