FilingReader Intelligence
Rushil Decor fined for delayed share allotment
August 6, 2025 at 06:50 AM UTC•By FilingReader AI
Rushil Decor Limited received a notice from the National Stock Exchange of India regarding a fine for non-compliance with SEBI regulations. The penalty stems from a two-day delay in allotting equity shares following the conversion of warrants issued on a preferential basis.
The total fine is INR 40,000, plus 18% GST, totaling INR 47,200. The company is reviewing the matter and evaluating the option of seeking a waiver.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:RUSHIL•Bombay Stock Exchange
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