BSECompany Update21 Aug 2026 · 21 Aug 2026, 05:40 pm

Intimation of fine from BSE

Bimetal Bearings Ltd-$ · 505681

✦ AI SummaryRegulatory

Bimetal Bearings Ltd has received a fine of ₹64,900 from BSE for non-compliance with SEBI Listing Regulations and has undertaken corrective measures to address the issue.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact1/10
Market Sentiment5/10

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Bimetal Bearings Ltd-$ - 505681 - Intimation Of Fine

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Bimetal Bearings Limited Telephone : 0422 – 2221159 Cell : (0) 97902 46890 E-Mail : accounts@bimite.co.in Website : www.bimite.co.in PB No.3772, No.18, RACE COURSE ROAD, COIMBATORE –18 CIN: L29130TN1961PLC004466 Manufacturers of Thinwall Bearings, Bushings and Thrust Washers Registered Office: Huzur Gardens, Sembiam, Chennai - 600 011 A MEMBER OF THE AMALGAMATIONS GROUP 21st August 2026 Listing Department BSE Limited 25th Floor, PJ Towers, Dalal Street, Mumbai – 400 001. Scrip Code: 505681 Dear Sir/ Madam, Sub : Imposition of fine by BSE— Regulation 30 of SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “SEBI Listing Regulations”) we hereby inform you that the Company has received notice dated 20th August 2026 from BSE Limited (BSE) regarding non-compliance with the provisions of Regulation 6(1) and 13(3) of the SEBI Listing Regulations and regarding non-compliance with the provisions of Regulation 76 of SEBI (Depositories & Participants) Regulation 2018. In view of the said non-compliances, a fine of ₹64,900/- (inclusive of GST) has been imposed by BSE Limited. A copy of the email/communication received from BSE Limited in this regard is enclosed herewith for your information and records. The Company has taken note of the observations communicated by BSE Limited and has undertaken necessary corrective measures to address the underlying compliance requirement and to ensure that such instances do not recur in future. The Company has also strengthened the relevant internal processes and compliance monitoring mechanism and shall continue to ensure timely and effective compliance with the applicable provisions of the SEBI Regulations and other statutory requirements. The Company further confirms that the aforesaid fine/penalty shall be paid within the prescribed time period, in accordance with the requirements communicated by BSE Limited. At the same time, considering the facts and circumstances of the matter and the corrective measures undertaken by the Company, the Company intends to submit the waiver application along with the necessary Bimetal Bearings Limited Telephone : 0422 – 2221159 Cell : (0) 97902 46890 E-Mail : accounts@bimite.co.in Website : www.bimite.co.in PB No.3772, No.18, RACE COURSE ROAD, COIMBATORE –18 CIN: L29130TN1961PLC004466 Manufacturers of Thinwall Bearings, Bushings and Thrust Washers Registered Office: Huzur Gardens, Sembiam, Chennai - 600 011 A MEMBER OF THE AMALGAMATIONS GROUP representations and supporting documents for the consideration of BSE Limited. The Company shall provide all necessary supporting documents and explanations along with the waiver application for the consideration of BSE Limited. The Company remains committed to maintaining the highest standards of corporate governance and ensuring compliance with all applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable statutory and regulatory requirements. You are requested to take the above on record. Thanking you Yours faithfully, For Bimetal Bearings Limited Nishant Ramakrishnan Company Secretary and Compliance Officer Nishant R From: Nishant Ramakrishnan <nishantcvr@gmail.com> Sent: 21 August 2026 13:18 To: nishant@bimite.co.in Subject: Fwd: Fw: 505681-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) From: bse.soplodr <bse.soplodr@bseindia.com> Sent: Thursday, August 20, 2026 5:52:30 pm To: vidhyashankar@bimite.co.in <vidhyashankar@bimite.co.in>; rnatarajan@bimite.co.in <rnatarajan@bimite.co.in> Cc: bse.soplodr <bse.soplodr@bseindia.com> Subject: 505681-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-CReview/ QTR-Jun-26 The Company Secretary/Compliance Officer Company Name: Bimetal Bearings Ltd Scrip Code: 505681 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 Action 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 issued by Securities and Exchange Board of India (SEBI) with respect to penal actions prescribed for non-compliance of certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Standard Operating Procedure for suspension and revocation of trading of specified securities of listed entities. The Exchange had also issued a guidance note regarding the provisions of the said SEBI circular which is disseminated on the Exchange website at the following link: https://www.bseindia.com/downloads1/Guidance_Note_for_SEBI_SOP_Circular.pdf In this regard it is observed that the company is non-compliant/late compliant with the following Regulations for the period mentioned below: Applicable Fine Fines Compliance Fine payable by the Regulation of prescribed levied status company as on August SEBI (LODR) (*) for the 20,2026 Regulations, quarter (inclusive of GST @ 18 %) 2015 Basic GST Total Fine @ 18 Fine % payable Regulation Rs. 1,000/- Jun-26 Non 21000 3780 24780 13(3) per day till submission Non- the date of submission of compliance. the statement on shareholder complaints within the period prescribed under this regulation or under any circular issued in respect of redressal of investor grievances Regulation 76 NA Jun-26 - - of SEBI (Depositories & Participants) Regulation 2018 Non- submission of Reconciliation of share Capital audit Report. Regulation Rs. 1,000 Jun-26 Non- 34000 6120 40120 6(1) per day complied Non- compliance with requirement to appoint a qualified company secretary as the compliance officer Regulation Rs. 1,000 Jun-26 - 0 0 0 7(1) per day Non- compliance with requirement to appoint share transfer agent Total 55000 9900 64900 (*) As per the provisions of the circular the fines will continue to be computed further till the time of rectification of the non-compliance to the satisfaction of the Exchange or till the scrip of the listed entity is suspended from trading for non-compliance with aforesaid provisions. The Company is therefore advised to note that as per the provisions of this circular:  The company is required to ensure compliance with above regulation and ensure to pay the aforesaid fines including GST within 15 days from the date of this letter/email, failing which Exchange shall, pursuant to the provisions of the aforesaid circular, initiate action related to freezing of the entire shareholding of the promoter in this entity as well as all other securities held in the demat account of the promoter. The company is advised to bring the provisions of this Circular to the notice of the promoter of the company. In this regard, it may also be noted that details of outstanding fines payable pursuant to SEBI SOP Circulars for the prior period, if any, will be provided separately. The SEBI circular stipulates that the freeze on promoter demat accounts should be lifted only after the company complies and pays all the outstanding fines.  Further in the event of this being the second consecutive quarter of non-compliance for Regulation 76 would result in the company being transferred to Z group and liable for suspension of trading of its equity shares.  The company is also advised to ensure that the subject matter of non-compliance which has been identified and indicated by the Exchange and any subsequent action taken by the Exchange in this regard shall be placed before the Board of Directors of the company in its next meeting. Co [Showing first 8,000 characters — download PDF for full document]