Gujarat Kidney Pays Rs 20,000 Fines to BSE and NSE for Board Meeting Delay
Gujarat Kidney and Super Speciality Limited has paid Rs 20,000 in total fines to BSE and NSE for failing to provide prior intimation about board meetings under SEBI Regulation 29(2)/29(3). The penalties of Rs 10,000 each were imposed on April 15, 2026, and paid via NEFT on April 16, 2026. The company confirmed no impact on financial, operational, or other activities.

*this image is generated using AI for illustrative purposes only.
Gujarat Kidney and Super Speciality Limited has paid regulatory fines totaling Rs 20,000 to both major Indian stock exchanges for non-compliance with SEBI listing regulations. The healthcare company confirmed the payment in a regulatory filing dated April 20, 2026, addressing violations related to board meeting intimation requirements.
Regulatory Penalties and Payment Status
Both BSE Limited and National Stock Exchange of India Limited had imposed identical fines of Rs 10,000 each on the company for regulatory non-compliance. The penalties were initially communicated on April 15, 2026, through official email notifications from both exchanges. The company has now confirmed payment of these fines on April 16, 2026, through NEFT transfer to both exchanges.
| Exchange | Fine Amount | Date of Notice | Payment Date | Violation |
|---|---|---|---|---|
| NSE | Rs 10,000 (basic fine plus GST) | April 15, 2026 | April 16, 2026 | Delay in board meeting intimation |
| BSE | Rs 10,000 (basic fine plus GST) | April 15, 2026 | April 16, 2026 | Delay in board meeting intimation |
Nature of Violation
The fines were imposed for the company's failure to furnish prior intimation about board of directors meetings as mandated under Regulation 29(2)/29(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to provide advance notice to stock exchanges before conducting board meetings. The company acknowledged the delay in complying with these disclosure requirements.
Impact Assessment
Gujarat Kidney and Super Speciality Limited's management has assessed the impact of these penalties on business operations. The company confirmed that the levy of fines does not affect its financial, operational, or other activities.
| Impact Assessment | Details |
|---|---|
| Financial Impact | No impact on financial activities |
| Operational Impact | No impact on operational activities |
| Other Activities | No impact on other company activities |
| Total Fine Amount | Rs 20,000 (Rs 10,000 each from BSE and NSE) |
Regulatory Compliance Framework
The disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations, 2015, which requires companies to inform exchanges about material events and regulatory actions. The company provided detailed information about the violations, penalties, and payment status in Annexure-A format as prescribed by SEBI circulars. The regulatory filing was digitally signed by Managing Director Pragnesh Bharpoda (DIN: 01033141) and submitted to both exchanges' listing departments.
Historical Stock Returns for Gujarat Kidney and Super Speciality
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.41% | +2.94% | +27.94% | +35.12% | +35.12% | +35.12% |
Will Gujarat Kidney and Super Speciality Limited implement new internal controls to prevent future board meeting intimation delays?
How might this compliance violation affect the company's credit rating or borrowing costs in upcoming financing activities?
Could this regulatory penalty influence institutional investor confidence during the company's next fundraising rounds?































