Automobile Products of India Fined Rs 14,98,600 for Non-Compliance with Public Shareholding Norms
Automobile Products of India Ltd has been fined a total of Rs 14,98,600 (inclusive of GST) following an issue related to minimum public shareholding requirements. The fine pertains to non-compliance across the period spanning January 01, 2026, and May 07, 2026.The penalty notice was received by the company from BSE Limited regarding violations of regulations concerning minimum public shareholding in relation to its listing obligations.
Automobile Products stated that the management is actively working towards remedying the situation and is currently processing actions required to comply with the minimum public shareholding requirements at the earliest possible time.
Stock Price Movement
Automobile Products of India Ltd shares settled at ₹6.18 on Thursday, ticking up after closing a 4.92% gain. The stock’s trading behavior was completely flat throughout the session, with both the intraday high and low recorded identically at ₹6.18.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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