Penalty Imposed on Birlasoft and KPIT Technologies Over Delay in Lodging NCLT Order
Birlasoft Limited and KPIT Technologies Limited have received an adjudication order from the Collector of Stamps regarding a penalty imposed for the delay in lodging the National Company Law Tribunal (NCLT) Order. The penalty was levied due to a four-day delay in submitting the required documentation to the Stamp Authorities.The Collector of Stamps imposed a penalty of Rs. 1,23,14,040/- on both Birlasoft Limited and KPIT Technologies Limited. This action followed the receipt of the adjudication order on August 26, 2026. The penalty relates to a delay in lodging the NCLT Order, which concerns the Composite Scheme of Arrangement among the companies and their respective shareholders.
The details regarding the penalty and the action taken are as follows:
| Particulars | Detail |
|---|---|
| Authority | Collector of Stamps |
| Action Taken | Penalty of Rs. 1,23,14,040/- imposed on Birlasoft Limited and KPIT Technologies Limited |
| Reason for Violation | Delay of 4 days in lodging the NCLT Order with the Stamp Authorities |
| Order Receipt Date | August 26, 2026 |
The penalty amount is designated to be paid in accordance with the prescribed process. According to the companies, the penalty will not result in any material impact on the financials, operations, or other activities of the listed entities.
BSOFT Stock Price Movement
As of 12:11 PM, shares of BIRLASOFT LIMITED are shedding value in the live market, currently slipping by 1.70% to trade at ₹288.55. The stock is seeing active trading, with 433,680 shares moving and maintaining a position above the day’s low of ₹288.05.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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