Mahamaya Steel Industries Limited has announced the outcome of its Board Meeting held on January 19, 2026. The Board took note of the fine imposed by the National Stock Exchange of India Limited (NSE) amounting to ₹1,53,400 (including GST).

This fine was levied for the non-submission of financial results for the half-year ended September 30, 2025, within the period prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has been informed by NSE about the non-compliance and the potential actions if the fine is not paid within 15 days, which include freezing of promoter's shareholding and shifting trading to a 'Trade for Trade' basis.

The Board meeting commenced at 2:45 PM and concluded at 3:15 PM. The relevant letter from NSE, dated December 16, 2025, detailing the non-compliance and the fine calculation, has been enclosed with the announcement.