Adarsh Plant Protect Pays Fines to BSE for Non-Compliance in Regulatory Matters
Adarsh Plant Protect Limited has settled two separate fines levied by the Bombay Stock Exchange (BSE) relating to non-compliance with listing regulations concerning related party transactions and director appointment requirements. The payments were made on July 3, 2026, and May 7, 2026.The penalties relate to specific violations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as detailed in the company's reports regarding regulatory actions.
Details of Fines Paid
The payments covered two distinct issues: failure to disclose related party transactions within the prescribed timeline and non-compliance concerning a director's appointment after crossing the designated age limit.In one instance, Adarsh Plant Protect paid Rs. 5900/- (including 18% GST) to BSE Limited on July 3, 2026. This fine was levied for non-compliance regarding the disclosure of related party transactions. The company received the relevant order on June 30, 2026.
The second fine, amounting to Rs. 73160/- (including 18% GST), was paid on May 7, 2026. This penalty was imposed for non-compliance with regulations concerning the requirement to pass a special resolution for the continuation of a Director's appointment after they crossed the 75 years age limit, pertaining to the September 2024 quarter.
A summary of the financial impact and associated compliance issues is provided in the table below:
| Compliance Area | Fine Amount (including GST) | Date Paid | Violation Details |
|---|---|---|---|
| Related Party Disclosure | Rs. 5900/- | July 3, 2026 | Non-compliance with requirements to disclose related party transactions in the prescribed format and timeline. |
| Director Appointment Resolution | Rs. 73160/- | May 7, 2026 | Non-Compliance regarding failure to pass special resolution for continuation of a Director's appointment after crossing the 75 years age limit (September 2024 quarter). |
The company noted that for the director appointment fine, it had filed for a waiver against the imposition of penalty and had previously resubmitted requisite documents to BSE Limited.
Stock Price Movement
Adarsh Plant Protect Ltd closed Wednesday trading lower, settling at ₹31.00 after falling by 2.67%. The stock moved within its intraday range, touching a low of ₹31.00 and marking a high of ₹31.85 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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