BSE imposes Rs.11,800/- fine for non-submission of voting results under Regulation 44(3)
BSE has fined the company Rs.11,800/- (including GST) for not submitting voting results within the period prescribed under Regulation 44(3).
By ScoutQuest · · 1 min read
- Penalty Amount
- Rs.11,800/- (including GST)
- Authority
- BSE
- Communication Date
- 14th October, 2026
What the company informed the exchanges
Neptune Logitek Limited has informed the exchanges that it received an email from BSE dated 14th October, 2026 regarding non-compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and that BSE has, as a consequence, imposed a fine of Rs.11,800/- (including GST) on the company. The company states it is in the process of paying the fine.
Why the fine was imposed
- The annexure to the disclosure describes the violation as "Non-submission of the voting results within the period provided under this regulation".
- It states the fine was imposed for non-submission of the voting results within the period prescribed under Regulation 44(3) of the SEBI Listing Regulations, 2015.
- The authority named is BSE, and the date of receipt of the communication is 14th October, 2026.
What it costs
- Amount of the fine: Rs.11,800/- (described as basic fine plus GST).
- The company shall make the payment of the fine within the timelines prescribed by BSE Limited.
Impact as stated by the company
- The company states the impact on its financial, operational or other activities is Nil except to the extent of penalty amount of Rs.11,800/- imposed by BSE.
What a retail investor may take away
- This is a penalty communication from the exchange about a disclosure-timeline lapse, and the company's own stated monetary impact is limited to the penalty amount of Rs.11,800/-.
- The disclosure records that the company is in the process of paying the fine and will pay within the timelines prescribed by BSE.
- The company has communicated this to the exchanges so that shareholders are aware of the action taken against it.
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More numbers
- Fine imposed by BSE (including GST)Rs.11,800/-
- Fine imposed by BSE (basic fine plus GST)Rs. 11,800/-
- Stated impact on financial/operational activitiesNil except to the extent of penalty amount of Rs. 11,800/-
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