SEBI Adjudicating Officer Imposes Monetary Penalty on M Tek Copper Limited for Delayed Disclosure
An adjudication order has been passed by the Securities and Exchange Board of India (SEBI) Adjudicating Officer, imposing a monetary penalty on M Tek Copper Limited. The proceedings related to alleged non-compliance concerning the delayed disclosure of material events and developments under Regulation 30 of SEBI (LODR), 2015.The penalty was imposed by the Adjudicating Officer based on the provisions of Section 15A(b) of the Securities and Exchange Board of India Act, 1992. The company received communication regarding the order on July 28, 2026.
M Tek Copper Limited, which operates under its name (formerly Madhav Copper Limited), faced the penalty after proceedings initiated by SEBI concerning delayed compliance requirements related to disclosures.
Key details of the adjudication are presented below:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name of the authority | Securities and Exchange Board of India (SEBI) Adjudicating Officer |
| 2. | Nature and details of the action(s) taken or order(s) passed | The Adjudicating Officer has imposed a monetary penalty of Rs. 10,00,000/- on the Company under Section 15A(b) of the Securities and Exchange Board of India (SEBI) Act, 1992. |
| 3. | Date of receipt of communication | July 28, 2026 |
| 4. | Details of the violation(s) committed | The proceedings relate to alleged non-compliance with the provisions regarding Delayed disclosure of material events and developments under Regulation 30 of SEBI (LODR), 2015. |
| 5. | Impact on financial, operation or other activities of the listed entity | The financial impact is limited to the penalty imposed of Rs. 10,00,000/-. There is no material impact on operations or other activities of the Company due to the said order. |
MCL Stock Price Movement
As of 2:32 PM, M Tek Copper Limited shares rally slightly in live trading, currently standing at ₹53.1 as the stock edges up by 0.80%. The equity has traded within a tight intraday range, having dipped to a low of ₹52.02 and reaching a high of ₹53.19.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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