Norben Tea & Exports Limited — Important, 13-02-2025: Updates

The Board of Directors of Norben Tea & Exports Limited has addressed the recent fines levied by the BSE and NSE due to a one-day delay in the submission of related party transactions for the half-year ended September 30, 2024. This non-compliance was acknowledged as inadvertent, and the Board emphasized the importance of timely compliance moving forward. The company has settled the fines, totaling ₹5,900, within the stipulated timeframe. This situation serves as a reminder for enhanced diligence in regulatory adherence, but with the compliance matter resolved, the company can refocus on its operational and strategic objectives going forward. Investors should keep a watchful eye, as improved compliance practices could positively influence the company's reputation and performance.