Balmer Lawrie Investments board addresses BSE non-compliance fines

Balmer Lawrie Investments Limited (BLIL) announced its board of directors met on November 11, 2025, to address fines imposed by BSE Limited. These fines relate to the company's non-compliance with specific provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended June 30, 2025. The non-compliances pertain to Regulations 17(1), 17(2A), 18(1), 19(1)/19(2), and 20(2A).

The board acknowledged that as a Central Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, its board composition is influenced by the administrative ministry. This led to the non-compliances being beyond the company's direct control. BLIL has made a representation to the Stock Exchange seeking a waiver of the imposed fines, with the board confirming the contents of this representation during its meeting.

The board meeting commenced at 11:30 a.m. and concluded at 04:20 p.m. The disclosure, dated November 11, 2025, was signed by abhishek lahoti, company secretary & compliance officer.