Shigan Quantum Technologies Limited — Others, 20-06-2025: Action(s) taken or orders passed

Shigan Quantum Technologies Limited has announced a delay of three days in allotting equity shares upon conversion of preferential warrants. The National Stock Exchange has imposed a fine of ₹60,000 plus 18% GST on the company for this non-compliance. The company is reviewing the issue and considering seeking a waiver of the fine. This delay and subsequent penalty highlight a compliance lapse in the share allotment process, which the company is addressing to maintain regulatory adherence and shareholder confidence.