Avantel Limited fined ₹20,000 by BSE and NSE for non-compliance

Source |10:52 14 Jun 25

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Avantel Limited received notices from BSE Limited and National Stock Exchange of India Limited on 13 June 2025.
The notices imposed a penalty of ₹10,000 each, totaling ₹20,000.
The penalty was for non-compliance with Regulation 29(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The non-compliance involved not providing prior intimation to the stock exchanges for the Board Meeting held on 1 May 2025.
The fine was paid to the respective stock exchanges on 14 June 2025.
The company stated that there is no material impact on its financials or operations.

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