Almondz Global Securities Limited — Important, 14-04-2025: General Updates

The Board of Almondz Global Securities Ltd. has reviewed a fine imposed by the National Stock Exchange and BSE for non-compliance with certain SEBI regulations concerning board composition and the appointment of non-executive directors over the age of seventy-five. The company believes the fine is unjustified and has formally requested a waiver from both exchanges. The total fine amounts to ₹92,040, which includes basic fines and GST. The Board has acknowledged the need to closely monitor the response from NSE and BSE regarding this issue. Stakeholders should watch closely for further developments as the company's compliance status could affect future trading and operations.