Emmbi Industries paid a total fine of ₹47,200 to BSE and NSE following a delay in disclosing related party transactions for the half year ended March 31, 2026. The penalty, levied under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was paid on July 1, 2026. The company stated the delay was inadvertent and procedural, adding that it had no impact on its financial position or operations, nor did it cause prejudice to investors or other stakeholders.

The stock exchanges issued communications on June 30, 2026, imposing the fine. The amount included a basic fine of ₹40,000 and GST at 18%, amounting to ₹7,200. The company confirmed that the requisite fine was paid to the respective accounts of the exchanges on the same day it received the letters.

Details of the Violation

The specific contravention involved the delayed submission of the disclosure of Related Party Transactions for the half year ended March 31, 2026. The company noted that there is no material impact financially, operationally, or otherwise, except for the penalty amount levied.

The matter will be placed before the Board of Directors at its ensuing meeting. The company stated that the comments of the Board, as required under the applicable provisions of the SEBI Master Circular, will be submitted to the stock exchanges. Emmbi Industries affirmed its commitment to maintaining corporate governance standards and has strengthened its internal compliance review mechanism to prevent recurrence.

Emmbi Industries Ltd has accepted the resignation of Subramanian Krishnan from its Board of Directors, effective from the close of business hours on June 30, 2026. The director stepped down due to increased professional commitments and responsibilities. The company confirmed that there are no other material reasons for the resignation.

emmbi industries disclosed the development in a regulatory filing submitted to BSE Limited and National Stock Exchange of India Limited. The intimation was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulation, 2015. The disclosure references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/II/3762/2026 dated January 30, 2026.

Subramanian Krishnan served as a Non-Executive Non-Independent Director. His resignation letter confirmed that the decision was driven solely by his professional workload. He expressed gratitude to the Board members for their support and cooperation during his tenure.

The following table outlines the key details of the director's cessation:

The filing was signed by Mahipal Singh Chouhan, Company Secretary & Compliance Officer of Emmbi Industries Limited.