The Shipping Corporation of India (SCI) has received a waiver for fines related to delays in compliance with certain listing regulations. BSE Limited acknowledged the waiver decided by NSE, favorably considering SCI’s request. This development follows SCI’s earlier applications for waiver of fines levied by both exchanges for compliance delays across multiple financial quarters.
Waiver Granted
The Shipping Corporation of India (SCI) has confirmed that BSE Limited (BSE) has acknowledged the waiver decided by NSE. This relates to fines imposed due to delays in complying with various listing regulations. The official confirmation was received via email on October 14, 2025.
Background
SCI had previously submitted applications to both the National Stock Exchange of India Limited (NSE) and BSE Limited seeking waivers for fines related to delayed compliance. These fines pertained to several regulations and covered various financial quarters and periods.
Event Timeline
The event, specifically the acknowledgement of the waiver, occurred on October 14, 2025, at 1457 hours IST. This was in reference to previous communication on September 23, 2025.
Source: BSE