Droneacharya has received a final compounding order from the Regional Director regarding a delay in holding its AGM. The company has made good the non-compliance by paying ₹0.0259 Crore in compounding fees.
NGL Fine-Chem paid fines totalling Rs. 23,600 to NSE and BSE for delayed board meeting intimation. The Board has strengthened internal compliance mechanisms.
Uno Minda's Vietnam subsidiary received a tax penalty order totaling ₹1.35 Crore. The company stated it does not foresee any material impact on its operations.
UCAL Limited received a GST Show Cause Notice from the State Tax Officer regarding FY 2022-23 discrepancies. The notice involves a potential demand of Rs. 6.49 Crore.
Shree Rajasthan Syntex Ltd. acknowledged a BSE fine of ₹0.005 Crore for delayed filing of the Secretarial Compliance Report. The Board has initiated measures to strengthen compliance.
Ishan International Limited received a SEBI Show Cause Notice regarding the utilization of its IPO proceeds. The company plans to apply for settlement proceedings.
Hindustan Oil Exploration Company Legal & Regulatory
The Board noted and paid a ₹0.0059 Crore fine imposed by stock exchanges for a delay in submitting financial results for the year ended March 31, 2026.
Indo Amines Limited received a GPCB order revoking its Vadodara plant's closure directions. The company paid ₹5.70 lakh compensation and submitted a ₹5 lakh bank guarantee.
Matrimony.com reports that the Madras High Court partially allowed an appeal regarding a trademark infringement suit. The company is considering an appeal to the Supreme Court.
Akar Auto Industries Ltd has responded to BSE regarding the delay in appointing a Woman Director, noting the issue is rectified and a waiver application is pending.
Indo Amines received a revocation order from GPCB, allowing its Vadodara manufacturing plant to resume operations for three months subject to compliance conditions.
RCCPL, a material subsidiary of Birla Corporation, received a GST show-cause notice demanding ₹10.30 Crore. The company considers the claim meritless and plans to contest it.
Birla Corp's subsidiary RCCPL received a GST show-cause notice involving ₹20.60 Crore including penalty. The company contests the notice, citing no impact on operations.
Sree Rayalaseema Hi-Strength Hypo faces a legal claim from Maersk Shipping Line. The English court order concerns breach of contract for shipping damages.
Mazagon Dock provided Board comments regarding a fine levied by the Exchange. The company is coordinating with the Ministry of Defence for director appointments.
ZF Commercial Vehicle Control Systems India Legal & Regulatory
ZF Commercial Vehicle Control Systems received a show cause notice from the GST & Central Excise office. The notice proposes a levy regarding ITC availment.
Glenmark Pharmaceuticals agreed to a $15.28 million settlement with Humana, Inc. to resolve antitrust litigation. This payment has been fully provided for in the company's financials.
HCL Infosystems Ltd received a favorable order from CESTAT, Allahabad, setting aside a tax demand of ₹22.85 Crore. The company successfully contested the Service Tax matter.
Speciality Restaurants received a tax demand notice of ₹1.80 Crore regarding short tax payments and irregular Input Tax Credit claims for FY2021-22 to FY2023-24.
Surat Trade and Mercantile filed a voluntary settlement application with SEBI concerning material related party transactions. This action currently has no material financial impact on the company.
Raghuvir Synthetics Limited received a GST demand notice for ₹3.76 Crore, updating a previous ₹1.88 Crore disclosure. The company maintains its tax credit avails were appropriate.
Luxury Time Limited received a compounding order regarding consolidated financial statement defaults. The order imposes ₹10 Lakh in compounding fees on specific company directors.