Polychem Limited paid a Rs. 0.0052 Crore fine to BSE for the delayed XBRL submission of its Annual Secretarial Compliance Report. The board noted this occurrence.
Polychem Limited received approval from BSE Limited for a full waiver of the ₹0.20 Crore fine previously imposed for alleged non-compliance with NRC composition regulations. The company maintained it was compliant and the Exchange's relevant authority has now dropped the demand. This resolution removes a regulatory penalty and has no material financial impact.