Board notes BSE fine under Regulation 60(2); waiver application shared, decision awaited
Paisalo Digital said BSE fined it for non-compliance under Regulation 60(2) of SEBI LODR norms.
By ScoutQuest · · 1 min read
- Regulation Cited
- Regulation 60(2) of SEBI LODR norms
- Waiver Case No.
- 283222
- Board Meeting Date
- October 22, 2026
What the update says
- BSE identified non-compliance under Regulation 60(2) of the SEBI (LODR) Regulations, 2015 and imposed a fine on the company.
- The Exchange communicated this through an e-mail dated September 30, 2026.
- The matter was placed before the Board at its meeting held on October 22, 2026.
- The Board was told that the company has applied to BSE for a waiver of the fine, under Case no. 283222.
- The decision of the Exchange on the waiver application is currently awaited.
What the Board decided
- The Board advised the Company Secretary and Compliance Officer to follow up on the waiver application.
- It also advised them to ensure timely compliance with applicable regulatory requirements in the future.
How to read this
A fine from a stock exchange means the Exchange found a lapse in a required disclosure or update. Here, the company has challenged the fine and asked BSE to waive it, and that request is still pending with the Exchange.
- Two things are still open: whether BSE waives the fine, and the amount involved.
- The company's own Board has recorded an instruction to tighten compliance going forward.
What to watch
The Exchange's decision on the waiver application, and any further communication from the company on the outcome, would be the next development on this matter.
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