BSE levies fine against Gala Global Products for delayed compliance submission
Gala Global Products Ltd has received a notification from the Bombay Stock Exchange (BSE) concerning non-compliance related to the timely submission of its secretarial compliance report. The company is facing a financial implication due to a fine imposed by the exchange.The communication, which was received on June 22, 2026, details that the penalty has been levied for failing to submit the required secretarial compliance report within the specified period for the year ended March 2026. The impact of this matter is financial, relating directly to the amount of the fine payable to BSE.
The key details regarding the non-compliance and the imposed penalty are as follows:
| Detail | Information |
|---|---|
| Authority | BSE Limited (BSE) |
| Penalty Amount | Rs. 2,360/- (including GST) |
| Date of Receipt | June 22, 2026 |
| Violation Summary | Fine levied for non compliance with submission of secretarial compliance report under Regulation 24A(2) of SEBI Listing Regulations. |
The fine has been imposed due to the delay in fulfilling the mandatory compliance requirement set forth by the exchange. The amount, which stands at Rs. 2,360/- (inclusive of GST), represents the sole quantifiable financial impact on Gala Global Products Ltd as a result of this communication.
Stock Price Movement
As of 14:27, Gala Global Products Ltd is ticking up significantly at ₹1.68, putting in a strong performance with the shares gaining 5.00%. The stock remains completely locked, as the intraday high and low are both settling precisely at this price point.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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