Saakshi Medtech pays ₹2,360 fine for Q4FY26 filing delay

Saakshi Medtech & Panels has paid a total fine of ₹2,360 to the National Stock Exchange of India (NSE) following a one-day delay in filing its shareholding pattern for the quarter ended March 31, 2026. The payment, made on June 8, 2026, settles the penalty notice issued by the exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that it is not seeking a waiver for the fine, correcting an earlier erroneous submission.

The NSE issued the notice on May 14, 2026, citing non-compliance with the standard operating procedure for filing shareholding patterns. The exchange identified a one-day delay, resulting in a base fine of ₹2,000 and an additional GST of ₹360. The notice had warned that failure to pay the fine could lead to the freezing of promoter shareholdings and a shift in trading to the 'Trade for Trade' basis.

In its response submitted on June 10, 2026, the company stated that the delay was caused by an unforeseen technical issue on the NEAPS portal, which disrupted the upload process despite preparatory steps being taken within the prescribed timelines. The disclosure was eventually submitted on May 22, 2026. The Board of Directors has taken cognizance of the delay and directed the strengthening of internal compliance monitoring mechanisms to prevent recurrence.

Mrs. Mayuri Aniket Latkar, CFO and Whole-Time Director, signed the response confirming the payment via UTR No. YESME61590063483. The company assured the exchange of its continued cooperation and commitment to maintaining high standards of regulatory compliance.

Details of Penalty

Regulation	Quarter	Fine amount per day (₹)	Days of non-compliance	Fine amount (₹)
REGULATION 31(1)	31-Mar-2026	2000	1	2000
Total Fine				2000
GST @18%				360
Total				2360

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0PSK01027/60886ab2bb564a48.pdf

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.12%	+0.31%	+16.64%	+83.26%	+49.85%	+92.47%

Saakshi Medtech and Panels Limited secured shareholder approval to increase its authorized capital and issue equity shares on a preferential basis during an Extra-Ordinary General Meeting (EGM) held on June 2, 2026. The resolutions were passed with a requisite majority, with 13,520,900 votes polled representing 76.58% of the total outstanding shares. There were no votes cast against any of the resolutions. Mrs. Mayuri Aniket Latkar, Chief Financial Officer and Whole-time Director, submitted the voting results to the National Stock Exchange of India Limited on June 4, 2026, under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results

The remote e-voting process was scrutinized by Jay Pandya, Proprietor of M/s. Jay Pandya & Associates, Company Secretaries. The voting period remained open from May 29, 2026, to June 1, 2026. The promoter group, holding 13,210,100 shares, participated fully via e-voting, while public shareholders also cast their votes through the remote e-voting facility.

Resolutions Passed

Sr. No.	Particulars of Resolution	Nature of Resolution	Votes in Favor	Votes Against
1.	Increase in Authorized Capital and consequential alteration in the Capital Clause of Memorandum of Association	Ordinary Resolution	13,520,900	0
2.	Approval of issue of Equity Shares on Preferential Basis for consideration other than cash	Special Resolution	13,520,900	0

Meeting Details

The EGM commenced at 03:00 P.M. and concluded at 03:19 P.M. on June 2, 2026. The company confirmed that neither the promoters nor the promoter group were interested in the agenda or resolutions presented. The results of the remote e-voting were announced within the stipulated timeframe and intimated to the stock exchanges.