Zenith Exports Pays Fine of Rs 13,01,540 Following Rejection of Waiver Application
Zenith Exports Limited has settled a substantial fine imposed by stock exchanges following the rejection of its waiver application concerning alleged non-compliance with listing regulations. The company completed the payment on August 11, 2026.The fine was imposed by both BSE Limited and the National Stock Exchange of India Limited for alleged non-compliance with certain provisions of SEBI Listing Regulations. Zenith Exports confirmed that its waiver request regarding the levy was rejected by BSE Limited, receiving notification on August 5, 2026.
Zenith Exports subsequently made the payment of the fine amount, totaling Rs. 13,01,540 (including GST@18%), on August 11, 2026.
The details pertaining to the imposition and resolution of the fine are as follows:
| Authority | Fine Amount | Action Status | Date Notified/Paid |
|---|---|---|---|
| BSE Limited & NSE of India Limited | Rs 13,01,540 (including GST@18%) | Waiver Application Rejected; Fine Paid | August 5, 2026 / August 11, 2026 |
The fine was levied by both exchanges in relation to alleged non-compliance with Regulation 17(1), Reg. 23(9), and Reg-34 of the SEBI Listing Regulations. Zenith Exports Limited confirmed that the payment was made after receiving the rejection notification for its waiver application from BSE Limited.
ZENITHEXPO Stock Price Movement
Today, Zenith Exports Limited rallied hard in the market, closing at ₹251.07 after gaining 5.81%. The stock traded with a volume of 7,863 shares, having tested a daily high of ₹257.8 during trading.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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