Alpex Solar paid a fine of ₹7,080 to the National Stock Exchange of India (NSE) after delaying the submission of its Annual Secretarial Compliance Report. The penalty was imposed for non-compliance with Regulation 24A(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors confirmed the payment was made on July 10, 2026, following a notice issued by the exchange on July 08, 2026.

The NSE notice warned that failure to pay the fine within 15 days would result in the freezing of promoters' holdings. The exchange identified a three-day delay in the required submission for the year ended March 31, 2026. The base fine amounted to ₹6,000, with an additional 18% GST of ₹1,080, bringing the total payable amount to ₹7,080.

The Board, at its meeting held on July 18, 2026, acknowledged the lapse and emphasized the need for stricter adherence to regulatory timelines. Directors advised initiating measures to strengthen the company's internal compliance mechanism to prevent future delays. The company stated that the matter has now been complied with and closed.

The correspondence was addressed to the NSE by Sakshi Tomar, Company Secretary & Compliance Officer of Alpex Solar. The exchange had listed several promoters, including Aditya Sehgal and Ashwani Sehgal, in its communication regarding the potential freezing of shareholding.

Alpex Solar Limited promoters have confirmed that no equity shares held in the company were encumbered during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India Limited, covers all promoters and the promoter group along with persons acting in concert.

The declaration was made by Monica Sehgal, a promoter of Alpex Solar , on April 06, 2026. It confirms that no shares were pledged or encumbered directly or indirectly other than those previously disclosed during the financial year. The filing was made in compliance with Regulation 31(4) & (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The list of individuals and entities classified as promoters includes Ashwani Sehgal, Monica Sehgal, Vipin Sehgal, Ashwani Sehgal (HUF), Aditya Sehgal, and Krishma Machine Tools Pvt. Ltd. The document notes that Krishma Machine Tools Private Limited has changed its name to Zyconic Private Limited, with the demat account update currently under process.

Members of the promoter group identified in the filing include Anita Bhagwati Sikka, Udaya Sehgal, and Udaya Fibers Private Limited. The declaration was signed on behalf of all promoters and the promoter group.