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Premier Polyfilm fined ₹50,000 by NSE for XBRL filing delay
Premier Polyfilm Limited
January 12, 2026, 10:57 AM
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Premier Polyfilm Limited has been levied a fine of ₹50,000 by the National Stock Exchange (NSE) for a delay in uploading the Integrated Filing (XBRL) containing Related Party Transaction details for the quarter ended September 30, 2025. The company's Board of Directors, in a meeting held on January 12, 2026, reviewed the matter and noted that the delay was due to a technical issue encountered on the NSE portal. The Board also observed that the same filing was successfully submitted to BSE on November 10, 2025, within the prescribed timelines.
Premier Polyfilm has submitted an application to the NSE seeking a waiver of the imposed fine. To prevent future occurrences, the Board has recommended implementing a two-level verification and monitoring mechanism for timely submission of statutory filings. Additionally, the company will maintain records of technical issues and email XBRL filings to the NSE on the same day of submission.
The NSE had issued a notice on December 16, 2025, highlighting the non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and specifying a fine amount of ₹50,000 for 10 days of non-compliance for Regulation 23(9). The total amount payable, including 18% GST, amounts to ₹59,000.
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