AJC Jewel Manufacturers Limited Fined Rs. 3.24 Lakh for Delayed Financial Results Submission

AJC Jewel Manufacturers Limited, a listed company on BSE Limited, has been penalised for the delayed submission of its financial results for the quarter and year ending March 31, 2025. The company received an email notification from BSE on September 15, 2025, informing them about the fine imposed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the SEBI Action

The fine of Rs. 3,24,500 (including GST) was levied in accordance with the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This circular prescribes penal actions for non-compliance of certain SEBI listing obligations, specifically related to the timely submission of financial statements. The action was taken to ensure strict adherence to reporting norms and to maintain transparency for stakeholders.

Company Statement and Compliance

In its official disclosure to BSE, AJC Jewel Manufacturers Limited stated that the fine has no impact on the company’s financials, operations, or other business activities. The company has complied with SEBI regulations and submitted the delayed financial results along with the applicable fines. Reshmi N K, Company Secretary and Compliance Officer, signed the disclosure on behalf of the company.

Regulatory Context

Regulation 33 of SEBI LODR Regulations mandates that listed companies must submit quarterly and annual financial results within the prescribed timelines. Delays in submission attract penalties to enforce compliance and safeguard investor interests. The penalty mechanism is part of SEBI’s broader framework for corporate governance and timely financial reporting.

Impact on Investors and Stakeholders

The fine imposed on AJC Jewel Manufacturers is purely regulatory and procedural in nature. Investors and other stakeholders are assured that the penalty does not affect the company’s operational or financial performance. The company remains committed to adhering to SEBI guidelines and maintaining corporate governance standards.

Conclusion

AJC Jewel Manufacturers Limited has been fined Rs. 3.24 lakh for delayed submission of financial results for FY 2024-25. The action reflects SEBI’s continued emphasis on timely disclosure and compliance for listed entities. The company has clarified that its business operations and financial health remain unaffected.

The Upcoming IPOs in this week and coming weeks are Karbonsteel Engineering, Taurian MPS, L. T. Elevator, Galaxy Medicare, Airfloa Rail Technology, Dev Accelerator, Jay Ambe Supermarkets, Urban Company, Shringar House of Mangalsutra, .

The Current active IPO are Nilachal Carbo Metalicks, Krupalu Metals, Vashishtha Luxury Fashion, Sharvaya Metals, Vigor Plast India, Austere Systems.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.