SEBI has issued a circular dated 22nd January 2020 standardising the fees for various non compliances by listed companies of the provisions of the Listing Obligations and Disclosure Requirements Regulations 2015. Some of the fines are indeed very steep and prohibitive and it is therefore in the company's interests to be fully compliant both in letter and spirit of the law.
https://www.sebi.gov.in/legal/circulars/jan-2020/non-compliance-with-certain-provisions-of-the-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-and-the-standard-operating-procedure-for-suspension-and-revocation-of-trading-of-_45752.html
Details are in the above link.
https://www.sebi.gov.in/legal/circulars/jan-2020/non-compliance-with-certain-provisions-of-the-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-and-the-standard-operating-procedure-for-suspension-and-revocation-of-trading-of-_45752.html
Details are in the above link.
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