NSEDelay/default in the payment of fines/penalties/dues etc. to authority5d ago · 15 Oct 2026, 06:05 pm
Delay/default in the payment of fines/penalties/dues etc. to authority
Arvee Laboratories (India) Limited · ARVEE
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Arvee Laboratories (India) Limited has received a fine of Rs.10,000 (plus 18% GST) from National Stock Exchange of India Limited for non-compliance with Regulation 44 of SEBI (LODR) Regulations 2015. The company has clarified that the non-compliance was due to an inadvertent oversight and not intentional or deliberate. The fine is related to the submission of XBRL data.
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Arvee Laboratories (India) Limited has informed the Exchange about Delay/default in the payment of fines/penalties/dues etc. to authority
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ARVEE_15102026180501_letter.pdf
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ARVEE LABORATORIES (INDIA) LIMITED
Registered Address: 403, Entice, Nr. Jayantilal Park BRTS, Iskcon Bopal Road,
Ambli, Ahmedabad,
Gujarat - 380058
compliance@arveelabs.com CIN: L24231GJ2012PLC068778
www.arveelabs.com, Tel: 91- 2717-430479
=================================================================
Date: 15th October, 2026
National Stock Exchange of India Limited
Exchange Plaza,
Plot no. C/1, G Block,
Bandra-Kurla Complex,
Bandra (E)
Mumbai - 400 051
Symbol: ARVEE
Series :EQ
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/ Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") The
Company has received a letter from National Stock Exchange of India Limited vide Letter
No: NSE/LIST-SOP/FINES/1154 dated 14.10.2026, levying a total fine of Rs.10,000/-
(plus 18% GST) for Regulation 44 of SEBI ( LODR ) Regulations 2015.
The Company would like to clarify that it has been regular and diligent in complying
with all applicable provisions of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and other statutory requirements within the
prescribed timelines. Further the PDF file was already submitted on 30th September,
2026
The aforesaid non-compliance of submission in XBRL occurred purely on account of an
inadvertent oversight and was neither intentional nor deliberate. In this regard, please
find below disclosure of information pursuant to Regulation 30 of the SEBI Listing
Regulations
Sr. No. Particulars Details
1 Name of the Authority National Stock Exchange of India
Limited (NSE)
2 Nature and details of the action(s) The Company has received a letter
taken, initiated or order(s) passed from National Stock Exchange of
India Limited vide Letter No:
NSE/LIST-SOP/FINES/1154 dated
14.10.2026, levying a total fine of
Rs.10,000/- (plus 18% GST) for
Regulation 44 of SEBI ( LODR )
Regulations 2015
3 Date of receipt of direction or order, Email received on 14th October, 2026
including any ad-interim or interim
orders, or any other communication
from the authority Details of the
violation(s)/ contravention(s)
committed or alleged to be committed
4 Details of the Violation of Regulation 44 of SEBI (
violation(s)/contravention(s) LODR ) Regulations 2015
committed or alleged to be committed
5 Impact on financial, operation or Apart from the aforesaid monetary
other activities of the listed entity, penalty, there is no material impact
quantifiable in monetary terms to the on the financial, operational or other
extent possible. activities of the Company
Thanking You
FOR ARVEE LABORATORIES ( INDIA ) LIMITED
Chief Financial Officer
Saurin Gandhi
NSE/LIST-SOP/FINES/1154 October 14, 2026
The Company Secretary
Arvee Laboratories (India) Limited
Dear Sir/Madam,
Subject: Notice for non-compliance with SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("Listing Regulations")
Your attention is drawn towards SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
issued on July 11, 2023 and last updated on January 30, 2026 (hereinafter referred to as "Master
Circular"), specifying Standard Operating Procedure for imposing fines and suspension of trading in
case of non-compliance with the Listing Regulations. On verification of the Exchange records, it has
been observed that your Company has not complied/delayed complied with certain Listing
Regulation(s) for the month ended September 30, 2026. The details of non-compliance(s)/delayed
compliance(s), total fine payable by your Company and the particulars about manner in which fine
should be remitted to the Exchange is enclosed as Annexure.
You are requested to inform the Promoters about identified non-compliance and to make the payment
of fines within 15 days from the date of this notice, failing which the Exchange may initiate freezing of
entire shareholding of the Promoters in the Company as well as in other securities held in the Demat
accounts of the Promoters.
Upon receipt of this review notice, the Company may file the waiver request. Below are the parameters
for filing the application for waiver:
a) Waiver applications sent via mail is not considered. The Company is requested to submit waiver
application on the below mentioned path:
NEAPS>>Compliance>>Fine Waiver>>Waiver Request
b) Detailed submission indicating reasons for waiver, mentioning whether it intends to seek personal
hearing before the concerned Committee.
c) Further, compliance is a pre-requisite for applying for waiver. Thus, waiver application of the
non-complied Companies will not be processed without achieving the compliance.
d) In case the Company is non-compliant under multiple regulations, the Company is advised to file a
single application mentioning the details of all the respective regulations and quarters for which the
Company intends to apply for waiver.
e) Non-refundable Processing fees for an amount of Rs.10,000 plus 18% GST to be paid to the
designated Exchange, (as segregated between the Exchanges as per the policy for waiver of fines) only
if the fine amount is more than Rs. 5,000/- exclusive of GST.
However, before filing an application for waiver of fines, you are requested to refer to the below policy
available on the Exchange’s website. For ready reference you may refer below link:
Policy on processing of waiver application:
https://nsearchives.nseindia.com//web/circular/2026-
01/Policy_for_waiver_of_fines_Final1_20260113193131.pdf
Further, as per Master Circular, your Company is also required to ensure that the said non-compliance
which has been identified by the Exchange and subsequent action taken by the Exchange in this regard
shall be placed before the Board in the next Board Meeting and comments made by the Board shall be
duly informed to the Exchange at the below mentioned path in NEAPS portal along with this letter for
dissemination having the announcement text as 'Board comments on fine levied by the Exchange'.
Path: NEAPS > COMPLIANCE > Announcements > Announcements/CA (Subject: Updates)
In case of any clarification, you may send an email on listingsop@nse.co.in or contact any of the below
mentioned Exchange Officers from Listing Compliance Department:
Ms. Duhita Dhure
Ms. Suman Lahoti
Ms. Chanchal Daga (Waiver request)
Ms. Neha Salvi (Waiver request)
Yours faithfully,
For National Stock Exchange of India Limited
Sonam Yadav
Manager
Annexure
Fine amount per day/ No. of day(s) /No. of Fine amount
Regulation Month
instance (Rs.) Instance(s) (Rs.)
REGULATION 30-Sep-
10000 1 10000
44(3) 2026
Total Fine 10000
GST @18% 1800
Total Fine Payable (Inclusive of GST) 11800
Notes:
• If the fine amount is paid before receipt of this letter, then inform the Exchange
accordingly.
• Please update the payment details on below mentioned path:
NEAPS > Payment > SOP Fine Payment.
• The above payment may be made vide RTGS/NEFT/Net Banking favouring 'National Stock
Exchange of India Limited'. The bank details towards the payment of fine are as follows:
BENEFICIARY
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NAME
BANK NAME IDBI BANK LTD
Please refer Unique Account Code used for making Annual Listing
A/C NO.
fees to the Exchange
BRANCH BANDRA KURLA COMPLEX, MUMBAI
RTGS/IFSC CODE IBKL0001000
• The fine paid as mentioned above will be credited to IPFT as envisaged in the circular.