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Note: These are AI-generated, educational summaries of public NSE
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Surya Roshni: Board Comments on Non-Compliance Fine of ₹2,80,000
Surya Roshni Limited faced a fine of ₹2,80,000 from BSE and NSE for non-compliance with Regulation 17(1) of the Listing Regulations for 56 days. The company has paid the fine and has requested a waiver. The Board appreciated the appointment of Mr. Ravi Kant Gupta as an Additional Independent Director effective July 17, 2025. The Board authorized the Company Secretary to make representations for waiver of the penalty.
Key Highlights
Fine of ₹2,80,000 imposed for non-compliance.
Non-compliance period of 56 days.
Mr. Ravi Kant Gupta appointed as Additional Independent Director on July 17, 2025.
SEBI SOP Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated 22nd January 2020 referenced for waiver application.
👀 What to Watch
Investors should monitor the outcome of the waiver application for the fine. Also, note the appointment of the new independent director and its potential impact on governance.