Gujarat Kidney and Super Speciality Limited Fined Rs 10,000 Each by BSE and NSE for Regulatory Non-Compliance
Gujarat Kidney and Super Speciality Limited disclosed receiving Rs 10,000 fines each from BSE and NSE on April 15, 2026, for delayed board meeting intimation under SEBI Regulation 29(2)/29(3). The company will pay the fines within prescribed timelines and confirmed no impact on financial, operational, or other business activities from these regulatory penalties.

*this image is generated using AI for illustrative purposes only.
Gujarat Kidney and Super Speciality Limited has received regulatory fines from both major Indian stock exchanges for non-compliance with SEBI listing regulations. The healthcare company disclosed the penalties in a regulatory filing dated April 16, 2026, addressing violations related to board meeting intimation requirements.
Regulatory Penalties Imposed
Both BSE Limited and National Stock Exchange of India Limited imposed identical fines on the company for regulatory non-compliance. The penalties were communicated to the company on April 15, 2026, through official email notifications from both exchanges.
| Exchange | Fine Amount | Date of Notice | Violation |
|---|---|---|---|
| NSE | Rs 10,000 (basic fine plus GST) | April 15, 2026 | Delay in board meeting intimation |
| BSE | Rs 10,000 (basic fine plus GST) | April 15, 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.
Company's Response and Impact Assessment
Gujarat Kidney and Super Speciality Limited has committed to making payment of both fines within the timelines prescribed by the respective stock exchanges. The company's management, led by Managing Director Pragnesh Bharpoda, has assessed the impact of these penalties on business operations.
| 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 and penalties 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. The company operates from its registered office in Vadodara, Gujarat, and is engaged in healthcare and super specialty medical services.
Historical Stock Returns for Gujarat Kidney and Super Speciality
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.20% | +3.29% | +6.05% | +7.40% | +7.40% | +7.40% |
Will Gujarat Kidney implement enhanced compliance monitoring systems to prevent future regulatory violations?
How might repeated compliance failures affect the company's listing status or investor confidence in the healthcare sector?
Could this regulatory scrutiny lead to increased oversight of other small-cap healthcare companies' governance practices?































