Updates

August 12, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No.C/1, G Block, Bandra Kurla Dalal Street, Fort, Complex, Bandra East, Mumbai 400 001. Mumbai 400051. Scrip Code: 524774 Symbol: NGLFINE Sub: Board comments on fines levied by the Exchanges Dear Sir/Madam, With reference to the captioned subject, this is to inform you that BSE Limited and National Stock Exchange of India Limited (‘Stock Exchanges’) had issued notices (enclosed herewith) dated June 15, 2026, to the Company in respect of non-compliance/delay in compliance under Regulation 29(2)/29(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’). Vide the said notices, the Stock Exchanges, under the applicable Standard Operating Procedure (SOP) Circular, have imposed fines (which have been duly paid by the Company) on the Company as detailed below: Applicable Regulation of SEBI Listing Amount of Total Stock Exchange Regulations Fine National Stock Exchange of Regulation 29(2)/29(3) Rs. 11,800/- India Limited BSE Limited Regulation 29(2)/29(3) Rs. 11,800/- The aforesaid Stock Exchange notices were placed before the Board of Directors at their meeting held today. The members of the Board, after discussion and deliberation, have provided their comments, which are as under: “The Board has noted the observation of the Stock Exchange regarding the delay in submission of the intimation of the Board Meeting under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board noted that the delay was inadvertent and occurred due to an unintentional procedural delay in completing the requisite compliance within the prescribed timeline. The Board has taken note of the matter and has strengthened its internal compliance monitoring and review mechanism to ensure timely compliance going forward. The Board has advised the management to exercise due diligence and ensure strict adherence to the prescribed timelines.” You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For NGL Fine-Chem Limited Shivam Gharat Company Secretary and Compliance Officer M. No.: A56704 Encl: As Above. NSE/LIST-SOP/FINES/0678 June 15, 2026 The Company Secretary NGL Fine-Chem 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 May 31, 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. Komal Singh Ms. Suman Lahoti Ms. Chanchal Daga (Waiver request) Ms. Sweety Mamodia (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 31-May- 10000 1 10000 29(2)/29(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. cs ngl From: bse.soplodr <bse.soplodr@bseindia.com> on behalf of bse.soplodr Sent: 15 June 2026 20:14 To: info@nglfinechem.com; cs@nglfinechem.com; cs@nglfinechem.com Cc: bse.soplodr Subject: 524774-Fines as per SEBI Master 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 (Chapter VII (A)-Penal Action for Non-Compliance) Ref.: SOP-Review-15.06.2026 The Company Secretary/Compliance Officer Company Name:NGL Fine Chem Ltd Scrip Code: 524774 Dear Sir/Madam, Sub: Fines as per SEBI Master 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 (Chapter- VII(A)-Penal Actions for Non-Compliance) The company is advised to refer to the SEBI Master 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 (Chapter VII (A)-Penal Action for Non-Compliance) issued by Securities and Exchange Board of India (SEBI) with respect to penal actions for non-compliance with [Showing first 8,000 characters — download PDF for full document]