Anik Industries received a combined penalty of ₹23,600 from the Bombay Stock Exchange and National Stock Exchange for non-compliance with listing regulations. The fines relate to the quarter ended June 30, 2026.

The company disclosed the penalties in a filing dated August 26, 2026. The exchanges levied the amounts on August 25, 2026, citing violations of Regulation 17(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Penalty Details

The regulatory action involves equal fines from both stock exchanges. The breakdown is as follows:

Regulation 17(2) mandates that listed entities disclose price-sensitive information to stock exchanges simultaneously. The violation occurred for the quarter ended June 30, 2026.

Board Response

The Board of Directors reviewed the incident in a meeting held on August 27, 2026. It stated that the non-compliance was not intentional but resulted from health issues faced by Gautam Jain, Chief Financial Officer. These issues led to the cancellation of the Board Meeting scheduled for May 30, 2026.

The company emphasized its commitment to complying with regulations in spirit and letter. It noted that steps have been taken to strengthen internal processes to prevent such inadvertent delays in the future.

Operational Impact

Anik Industries stated that the financial penalty has no material impact on its operations or other activities. The total outflow of ₹23,600 is nominal relative to typical corporate expenditures for listed entities of this scale.

The board of directors of Anik Industries approved the notice for its 50th Annual General Meeting on August 27, 2026. The event is scheduled for September 29, 2026, at 11:30 am.

The meeting will be conducted through Video Conferencing or other Audio-Visual Means (OAVM). This mode allows shareholders to participate remotely while maintaining regulatory compliance.

Key Dates and Logistics

Shareholders must be on record during the specified cut-off period to receive the notice and vote electronically. The company has defined specific windows for these eligibility criteria.

The Register of Members and Share Transfer Books will remain closed from Saturday, September 19, 2026, to Tuesday, September 29, 2026, inclusive. This closure ensures the finalization of the shareholder list for voting purposes.

Governance Approvals

The board also approved the Board’s Report and Corporate Governance Report for FY26. These documents provide a comprehensive overview of the company’s performance and governance practices for the financial year ending March 31, 2026.

Mr. Amit Jain, Proprietor of M/s. Amit Preeti & Associates, was appointed as the Scrutinizer. He will oversee the e-voting process to ensure fairness and transparency during the AGM.