Aye Finance Managing Director Sanjay Sharma Acquires 60,000 Equity Shares Worth ₹60.49 Lakh

Aye Finance Limited has disclosed that its Founder and Managing Director, Sanjay Sharma, acquired 60,000 equity shares of the company through market purchase on March 23, 2026. The transaction was executed on the National Stock Exchange (NSE) and was disclosed to the stock exchanges on March 25, 2026.

Transaction Details

The share acquisition represents a significant investment by the company's leadership in its own equity. The updated transaction details are presented below:

Parameter:	Details
Number of Shares Purchased:	60,000
Transaction Value:	₹60.49 lakh
Purchase Date:	March 23, 2026
Exchange:	NSE
Transaction Type:	Market Purchase

Shareholding Pattern Changes

The acquisition resulted in a marginal increase in Sanjay Sharma's shareholding percentage in the company. His updated shareholding position reflects continued confidence in the company's prospects:

Shareholding Details:	Before Transaction	After Transaction
Number of Shares:	55,85,630	56,45,630
Percentage Holding:	2.26%	2.29%
Security Type:	Equity Shares	Equity Shares

Regulatory Compliance

The disclosure was made in compliance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The company submitted Form C to both BSE Limited and National Stock Exchange of India Limited, providing comprehensive details of the transaction. The disclosure was signed by Vipul Sharma, Company Secretary, Compliance Officer & CCO, ensuring proper regulatory adherence.

About the Transaction

Sanjay Sharma, who holds the Director Identification Number (DIN) 03337545, executed the purchase as part of his investment strategy. The transaction value excludes taxes, brokerage, and other charges as per standard disclosure norms. No derivative trading was reported in connection with this transaction, indicating a straightforward equity purchase through the secondary market. The intimation to the company was made on March 24, 2026, following the prescribed regulatory timeline.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.62%	-10.06%	-18.75%	-24.96%	-24.96%	-24.96%

Aye Finance Limited has received a penalty notice from BSE Limited imposing a fine of ₹1,48,680 for delayed submission of its unaudited financial results for the quarter ended December 31, 2025. The company disclosed this development through a regulatory filing on March 14, 2026, following receipt of the penalty notice from BSE on March 13, 2026.

Fine Details and Regulatory Violations

The penalty was imposed under multiple provisions of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The fine breakdown shows violations across several regulatory requirements:

Regulation	Violation Type	Basic Fine (₹)	GST @ 18% (₹)	Total Fine (₹)
Regulation 52	Delayed financial results submission	90,000	16,200	1,06,200
Regulation 52(4)	Non-disclosure of prescribed line items	18,000	3,240	21,240
Regulation 54(2)	Non-disclosure of security details for NCDs	18,000	3,240	21,240
Total		1,26,000	22,680	1,48,680

The fine structure follows a per-day penalty system, with Regulation 52 violations attracting ₹5,000 per day, while Regulations 52(4) and 54(2) violations carry ₹1,000 per day each.

Company's Prior Intimation and Reasons for Delay

Aye Finance had proactively informed BSE about the potential delay on February 11, 2026, three days before the February 14, 2026 deadline. The company cited its ongoing Initial Public Offering as the primary reason for the delay in preparing financial results for the quarter and nine months ended December 31, 2025.

In its earlier communication, the company stated that the IPO process was impacting the preparation of financial results, making it unable to meet the stipulated timeline under Regulation 52 of the SEBI Listing Regulations. The company had also mentioned that its trading window remained closed for all designated persons and their immediate relatives from January 1, 2026, until 48 hours after the declaration of results.

Compliance Requirements and Next Steps

According to BSE's notice, Aye Finance must comply with the following requirements:

Pay the fine amount within 15 days from March 13, 2026
Submit required financial disclosures to avoid continued penalty computation
File any waiver request through the BSE listing portal within 15 days
Present the matter before the Board of Directors in the next meeting

The exchange has warned that failure to comply within the stipulated period could result in restrictions on future securities issuance and listing of debt securities on the Electronic Book Provider platform.

Payment and Administrative Details

The company can remit the fine amount through electronic transfer to BSE's designated ICICI Bank account or through a cheque favoring BSE Ltd. The payment must be accompanied by proper documentation including GST details and compliance officer certification.

Aye Finance has indicated that it is reviewing the penalty notice and will take necessary steps regarding this matter. The company noted that apart from the fine amount, there is no other quantifiable monetary impact on its financial, operational, or other activities.