SGL Resources Ltd has remitted a fine of ₹1,71,100 to BSE Limited for failing to submit its financial results for the quarter and year ended March 31, 2026, within the prescribed regulatory timeline. The penalty, levied under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was paid on July 6, 2026, following a communication from the exchange received on June 30, 2026.

Breakdown of Penalty

The exchange imposed the fine due to non-compliance with the submission deadlines. The total amount of ₹1,71,100 includes a basic component of ₹1,45,000 and GST of ₹26,100.

Reasons for Delay and Impact

The company had previously informed BSE on May 27, 2026, regarding the impending delay. In its disclosure, SGL Resources stated that the statutory audit for the period is currently in progress. The audited financial results will be submitted to the stock exchange immediately upon completion of the audit and approval by the Board of Directors.

SGL Resources confirmed that apart from the financial outflow of the fine, there is no material impact on its financial, operational, or other activities. The matter regarding the levy and payment of the fine will be placed before the Board at its next meeting as required by the SEBI Master Circular.

SGL Resources Ltd has appointed Mrs. Rekha Vishal Jhanwar as its Company Secretary & Compliance Officer effective June 25, 2026. The Board approved the appointment on the recommendation of the Nomination and Remuneration Committee. This decision follows the resignation of Mrs. Foram Sagar Bhuva from the position, effective from the close of business hours on June 24, 2026, due to personal reasons.

Mrs. Rekha Vishal Jhanwar is a qualified Company Secretary with over 12 years of post-qualification experience. Her expertise spans corporate secretarial practice, statutory compliance, and corporate governance across industries such as manufacturing, steel, ceramics, fluid machinery, distilleries, and industrial infrastructure. She has previously served as a Practising Company Secretary and a Whole-time Company Secretary.

The Board has authorized Mrs. Jhanwar to make necessary disclosures of material events and information to the stock exchange alongside existing authorized personnel. The appointment is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The resignation of Mrs. Foram Sagar Bhuva was noted and confirmed by the Board. In her resignation letter dated June 24, 2026, she stated there were no material reasons for her departure other than personal reasons. The company will file the necessary forms with the Registrar of Companies and Stock Exchanges.

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