SMT Engineering pays BSE fine for delayed FY26 compliance report

0 min read | Published on 13 Aug 2026, 04:37 PM |Updated on 13 Aug 2026, 04:37 PM

Reviewed by

Anirudha BScanX News Team

Key Highlights

SMT Engineering Limited settled a fine with the BSE for missing the deadline to file its FY26 Secretarial Compliance Report. The Board acknowledged the error as inadvertent and confirmed that internal controls have been strengthened to ensure future adherence to SEBI listing obligations.

*this image is generated using AI for illustrative purposes only.

SMT Engineering Limited has paid a fine levied by the Bombay Stock Exchange (BSE) for delaying the submission of its Secretarial Compliance Report for the financial year ended March 31, 2026. The company’s Board of Directors addressed the regulatory lapse during its meeting on August 13, 2026, confirming that the penalty was settled in accordance with applicable securities regulations.

The exchange issued communications regarding the non-compliance on June 22, 2026, citing violations under Regulation 24A(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The action was taken in alignment with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, which was last updated on January 30, 2026.

Board Response and Corrective Actions

The Board described the delay in filing the report as inadvertent. It placed on record its regret for the lapse and accepted responsibility for the failure to meet the statutory deadline. Management stated that necessary corrective and preventive measures have been implemented to strengthen internal compliance monitoring mechanisms.

The company reiterated its commitment to ensuring timely and accurate regulatory disclosures going forward. The filing serves as an intimation to the exchange that the matter has been resolved internally through the payment of the stipulated fine.

Historical Stock Returns for SMT Engineering

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.82%	-0.65%	-12.26%	-14.85%	+789.70%	0.0%

What specific internal compliance monitoring mechanisms has SMT Engineering implemented to prevent future regulatory lapses?

Could this regulatory penalty impact SMT Engineering's credit ratings or its ability to secure future financing?

Are there any pending investigations or potential additional penalties from SEBI regarding the delayed Secretarial Compliance Report?

SMT Engineering

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SMT Engineering pays ₹1.13 lakh fine to BSE for compliance delay

2 min read | Published on 18 Jul 2026, 05:16 PM |Updated on 20 Jul 2026, 12:05 PM

Reviewed by

Suketu GScanX News Team

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Key Highlights

SMT Engineering Ltd paid a total fine of ₹1,13,280 to Bombay Stock Exchange Ltd for delaying the submission of its secretarial compliance report for the financial year ended March 31, 2026. The penalty was imposed under Regulation 24A(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company received the intimation regarding the fine on June 22, 2026, and subsequently rectified the non-compliance by submitting the required report on July 17, 2026.

*this image is generated using AI for illustrative purposes only.

The fine was levied as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026. The initial amount of ₹87,320 was paid on July 10, 2026, via UTR No. INDBH10076069831. Following the rectification of the delay, an additional penalty of ₹25,960 was paid on July 18, 2026, via UTR No. INDBH18077180031. The total payment includes applicable GST.

Details of the Penalty

The disclosure regarding the delay and payment was made to the exchange on July 18, 2026. The table below outlines the specific details of the fine and the corresponding payments made by the company.

S.No.	Particulars	Details
1.	Name of the authority	Bombay Stock Exchange Ltd.
2.	Details of fines, penalties, dues, etc. including amount	Fine of Rs. 96000/- plus GST levied under Regulation 24A(2) for non-compliance with submission of secretarial compliance report within the prescribed timeline.
3.	Date of receipt of Direction or Order	June 22, 2026
4.	Due date of payment	Within 15 days.
5.	Details of payment including date of payment and amount paid	The Company has paid an amount of Rs. 87,320/- (including GST) vide UTR No. INDBH10076069831 dated July 10, 2026. Further, upon rectification of the non-compliance, the Company has paid an additional fine of Rs. 25,960/- (including GST) vide UTR No. INDBH18077180031 dated July 18, 2026. Accordingly, the total fine paid by the Company amounts to Rs. 1,13,280/- (including GST).
6.	Reasons for delay or default in payment	Procedural delay in making payment.
7.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible.	There is no material impact on financial, operational or other activities of the Company.

The company confirmed that the outstanding penalty was fully paid upon rectification and that the details have been disclosed to the stock exchange. SMT Engineering stated that there is no material impact on its financial, operational, or other activities as a result of this penalty.

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