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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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact2/10
Market Sentiment4/10

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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.