Hypersoft Technologies Limited has been imposed a fine by BSE Limited for non-compliance with regulatory submission requirements. The company received an email notification from BSE on February 20, 2026, regarding the penalty for delayed submission of shareholder complaints statement.

Regulatory Non-Compliance Details

The fine has been imposed under Regulation 13(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The violation pertains to the delayed submission of the statement on shareholder complaints for the quarter ended December 31, 2025.

Company's Response and Corrective Measures

The company has acknowledged that the delay was inadvertent and occurred due to oversight in their compliance processes. Management has emphasized that this was an unintentional lapse in their regulatory obligations.

In response to this incident, Hypersoft Technologies has announced plans to strengthen its internal compliance monitoring mechanisms. The company aims to implement enhanced procedures to ensure timely submission of all regulatory requirements and prevent recurrence of such instances in the future.

Financial Impact Assessment

According to the company's disclosure, the fine is not expected to have any material impact on its financial operations or other business activities. The penalty amount of ₹2,360 is relatively modest and should not affect the company's overall financial performance.

Regulatory Compliance Framework

The fine relates to SEBI's Listing Obligations and Disclosure Requirements, which mandate listed companies to submit periodic statements regarding shareholder complaints. These regulations are designed to ensure transparency and proper handling of investor grievances by listed entities.

The company has fulfilled its disclosure obligations by informing BSE about the penalty under Regulation 30 of SEBI LODR Regulations, 2015, which requires immediate disclosure of material events and information.

Hypersoft Technologies Limited has announced a substantial increase in its authorised share capital, following approval from the board of directors during a meeting held on February 02, 2026. The decision represents a strategic move to enhance the company's capital structure and operational flexibility.

Board Resolution Details

The board meeting, which commenced at 07:30 P.M. (IST) and concluded at 08:00 P.M. (IST), approved the increase in authorised share capital from Rs. 86,00,00,000 to Rs. 1,07,00,00,000. This expansion requires corresponding amendments to the Capital Clause of the company's Memorandum of Association.

Shareholder Approval Process

The proposed increase is subject to shareholder approval through a special resolution at an Extraordinary General Meeting. The board has scheduled this crucial meeting for Friday, February 27, 2026, to be conducted through Video Conferencing and Other Audio-Visual Means in compliance with regulatory guidelines.

Memorandum of Association Amendment

The capital structure modification necessitates amendments to Clause V of the company's Memorandum of Association. The existing clause, which defines the authorised share capital as "Rs. 86,00,00,000 divided into 8,60,00,000 Equity Shares of Face Value of Rs. 10 each," will be substituted with the new clause reflecting the increased capital of "Rs. 1,07,00,00,000 divided into 10,70,00,000 Equity Shares of Face Value of Rs. 10 each."

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided requisite details as per the SEBI Master Circular dated January 30, 2026, ensuring full transparency and regulatory compliance.

Next Steps

Upon receiving shareholder approval at the February 27, 2026 EGM, the authorised share capital increase will be implemented, and the Memorandum of Association will be formally amended. The company has committed to maintaining transparency throughout this process and will update stakeholders on the outcome of the shareholder voting.