Company Update

Standard Surfactants Ltd has been levied fines for repeated non-compliance with SEBI listing regulations, primarily related to board composition and constitution of key committees like the nomination and remuneration committee.

The total fine payable, inclusive of GST, increased from Rs. 5.1 lakh for the quarter ended December to Rs. 7.4 lakh for the quarter ended March.

Continued non-compliance risks freezing of promoter shareholding and potential suspension of equity share trading.

The company is urged to resolve these governance issues promptly to avoid regulatory action and ensure compliance transparency to shareholders.