Ganesh Benzoplast Limited — Important, 30-11-2024: General Updates

Ganesh Benzoplast Limited received a warning letter from the National Stock Exchange regarding non-compliance related to the timely disclosure of a court notice under Section 138 of the Negotiable Instruments Act. The company failed to report the notification to the Exchange within the required 24-hour timeframe, prompting the Exchange to intervene. This oversight is considered serious, and the company has been advised to ensure strict adherence to SEBI regulations in the future. Management is expected to report this warning to the Board and implement corrective measures to prevent recurrence. Shareholders should monitor the company’s compliance efforts closely, as future lapses could lead to stricter consequences.