Subam Papers pays Rs 5,900 penalty for RPT filing delay

1 min read Updated on 23 Jul 2026, 12:11 AM

Reviewed by

Suketu GScanX News Team

AI Summary

Subam Papers paid a total penalty of Rs 5,900 for a one-day delay in filing related party transaction disclosures for the half-year ended March 31, 2026. The delay was caused by technical issues, and the Board has advised strengthening internal processes to ensure future compliance.

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

Subam Papers paid a penalty of Rs 5,900 for a one-day delay in filing its disclosure of related party transactions for the half-year ended March 31, 2026. The penalty, comprising a basic fine of Rs 5,000 and GST of Rs 900, was levied by BSE under Regulation 23(9) of the SEBI Listing Regulations.

The disclosure was required to be filed on May 26, 2026, coinciding with the declaration of financial results for FY 2025–26. However, the company cited technical and system-related issues for the failure to upload the XBRL file within the prescribed timeline. The filing was subsequently completed on May 27, 2026.

In its response to the exchange, the company's Board noted the delay and advised management to strengthen internal processes to prevent recurrence. The company affirmed its commitment to ensuring timely compliance with all regulatory requirements going forward.

The penalty structure was outlined in a communication from BSE referencing the SEBI Master Circular on penal actions for non-compliance. The exchange had warned that failure to pay the fine within 15 days could result in the freezing of the promoter's shareholding and other securities.

Penalty Breakdown

Component	Amount (Rs)
Basic Fine	5,000
GST @ 18 %	900
Total Payable	5,900

Historical Stock Returns for Subam Papers

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+0.57%	+1.56%	+21.63%	+187.34%	+48.39%

What specific internal process improvements will management implement to prevent future technical filing delays?

Could this one-day delay indicate deeper systemic issues in Subam Papers' compliance infrastructure?

How might this penalty impact investor perception of the company's governance standards?

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Subam Papers to provide Rs 40 Cr corporate guarantee to YES Bank

1 min read Updated on 22 Jul 2026, 10:32 PM

Reviewed by

Jubin VScanX News Team

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Subam Papers Ltd will provide a corporate guarantee of Rs 40 Cr to YES Bank for its wholly-owned subsidiary, Subam Paper and Boards Private Limited. The guarantee secures a cash credit limit of Rs 40 Cr, comprising an existing limit of Rs 20 Cr and a fresh limit of Rs 20 Cr. The transaction is at arm's length with no interest from the promoter group.

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

subam papers will provide a corporate guarantee of Rs 40 Cr to YES Bank to secure credit facilities for its wholly-owned subsidiary, Subam Paper and Boards Private Limited. The guarantee supports a cash credit limit of Rs 40 Cr, which includes an existing limit of Rs 20 Cr and a fresh limit of Rs 20 Cr. The disclosure was made to BSE Limited on July 22, 2026, under Regulation 30 of the SEBI Listing Regulations.

The corporate guarantee constitutes a contingent liability for Subam Papers Limited. While there is no immediate impact on the company, the liability may materialize if the subsidiary fails to meet its repayment obligations to the lender. The transaction was approved at arm's length, and the promoter or promoter group has no interest in the arrangement.

The following table outlines the key details of the guarantee issuance:

S.No	Particulars	Description
01	Name of party for which guarantee was given	Subam Paper and Boards Private Limited, Wholly Owned Subsidiary Company.
02	Promoter/promoter group/group companies interest	The promoter/promoter group/group companies are not interested in this transaction. The corporate guarantee issued is at arm's length.
03	Brief details of guarantee	Corporate Guarantee to the Lender for an amount of Rs.40.00 Crore as security for the Credit facilities, CC Limit of Rs.40.00 Crore (Existing Limit Rs.20.00 Crore and Fresh Limit Rs.20.00 Crore) sanctioned to Subam Paper and Boards Private Limited.
04	Impact on listed entity	There is no immediate impact on the Company, except to the extent of the amount for which the corporate guarantee has been provided, in the event Subam Paper and Boards Private Limited is unable to meet its repayment obligations to the Lender. The Corporate Guarantee constitutes a contingent liability for the Company.

The filing references SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025, and the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The intimation was signed by T Balakumar, Managing Director of Subam Papers Limited.

Historical Stock Returns for Subam Papers