DCM Shriram Fine Chemicals Legal & Regulatory
DCM Shriram Fine Chemicals ratified payment of a Rs. 68,440 fine levied by NSE for delayed compliance. The Board advised management to ensure strict LODR adherence.
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DCM Shriram Fine Chemicals ratified payment of a Rs. 68,440 fine levied by NSE for delayed compliance. The Board advised management to ensure strict LODR adherence.
Appellate Tribunal reduced Tamilnad Mercantile Bank's FEMA penalty from ₹17 Crore to ₹3.40 Crore. The bank expects a ₹13.60 Crore refund from the Enforcement Directorate.
Tamilnad Mercantile Bank's FEMA penalty was reduced from Rs.17 Crore to Rs.3.40 Crore. The bank is eligible for a Rs.13.60 Crore refund of deposited amounts.
John Cockerill India disclosed reasons for delayed submission of Q4 FY2026 financial results. Delays were attributed to first-time consolidation complexities following a recent overseas acquisition.
Continental Chemicals resolved a tax litigation case in its favor. No penalties were levied, resulting in zero financial impact on the company.
DCM Shriram International ratified a Rs. 0.0059 Crore fine payment for SEBI Regulation 17(1A) non-compliance. The matter is now concluded following board observation and advisory.
Clear Secured Services approved initiating legal proceedings before the NCLT Mumbai Bench. The board passed this resolution via circular on July 16, 2026.
Speciality Restaurants won a legal appeal as CESTAT set aside a Rs.7.87 crore service tax demand. The tribunal ruled in favor of the company regarding CENVAT credits.
SEBI issued a final order restraining Mauria Udyog and its promoters from securities markets for five years. The action follows alleged price and volume manipulation of shares.
Allcargo Logistics received a ₹5.61 Crore tax demand notice from the Income Tax Department. The company plans to contest the demand through appropriate legal remedies.
Billionbrains Garage Ventures (Groww) was fined Rs. 5,000 for a one-day delay in filing Related Party Transaction disclosures. The Board has advised strengthening internal processes.
ASK Automotive received a Rs. 1.07 Crore GST demand and penalty order. The company intends to appeal, stating there is no material financial impact.
Gland Pharma received a ₹7.06 Crore demand and penalty notice from Customs Authorities. The company plans to appeal, citing no material financial impact.
Sansera Engineering settled a US civil suit with Metaldyne Powertrain Components. The company will pay USD 2 million (approx. Rs.19.2 Crore) by July 30, 2026.
Billionbrains Garage Ventures paid a Rs. 0.00118 Crore fine for a one-day delay in filing RPT disclosures. The Board has advised strengthening internal filing processes.
NSE withdrew a Rs. 0.0335 Crore penalty previously imposed on Punjab National Bank. The reversal follows a bank representation regarding VAPT vulnerability reporting.
Innovators Façade Systems received a Rs. 0.02 Crore GST penalty from Karnataka authorities. Management states this has no material impact on operations.
Gland Pharma received a Rs. 7.06 Crore demand from Customs Authority, including IGST and penalties. The company intends to appeal against the order.
Navneet Education received a GST advisory regarding Input Tax Credit compliance for FY26 and FY27. The company reports no material impact on operations or finances.
Billionbrains Garage Ventures reported a delay in filing Related Party Transaction disclosures. The Board reviewed the exchange notice and advised strengthening internal processes.
Panacea Biotec filed a High Court appeal against an industrial tribunal award involving 23 workmen. The court granted interim relief, preventing coercive steps against the company.
Lloyds Luxuries Limited received a SEBI Show Cause Notice regarding accounting treatments for FY 2022-23 to 2024-25. No financial penalty has been quantified yet.
Jubilant Pharmova received a rectification order deleting a Rs. 22.10 crore tax demand for AY 2020-21. Separate appeals on other grounds remain pending before ITAT.
Fedders Holding reported non-compliance regarding board composition and a Rs. 0.04 Crore SEBI penalty. The company also forfeited Rs. 14.01 Crore from lapsed warrants.
Bodhi Tree Multimedia reported ₹0.0354 Crore in total penalties from BSE and NSE. Fines relate to non-compliance with audit, nomination, and stakeholder committee constitution requirements.
Delhi High Court ordered a fresh RFP for CPV services in Kuwait. DuDigital Global faces no financial penalty and existing operations remain unaffected during the re-tendering.
Majestic Auto entered a settlement agreement with Assets Care & Reconstruction Enterprise. The deal facilitates a resolution plan by withdrawing pending Supreme Court proceedings.
STL Networks received a favorable order setting aside a Rs. 6.06 Crore CGST demand. The ruling relates to its demerged Global Services Business vertical.
Supreme Court dismissed the Income Tax Department's appeal against HCL Infosystems. This final order nullifies a tax demand of Rs. 14.90 Crores regarding JV compensation.
Adarsh Plant Protect paid penalties totaling Rs. 79,060 to BSE. The fines relate to non-compliance with related party transactions and director appointment regulations.