Wallfort Financial Services Ltd. has announced a board meeting.

The company received a penalty of INR 1.5 lakh (exclusive of GST) from NSE for not closing VAPT vulnerabilities for FY 2024-25 within the set deadline.

Wallfort plans to apply for a waiver.

The penalty does not have a material financial or operational impact on the company but highlights the importance of timely cybersecurity compliance for stakeholders.