Balmer Lawrie Investments Ltd — Important, 30-08-2025: Company Update

Balmer Lawrie Investments received a fine of 0.12 Cr from BSE Limited for non-compliance during the quarter ended June 30, 2025. The company's Board of Directors comprised less than six directors, lacked independent directors and a woman director. This impacted the overall board composition, quorum for meetings, and committee structures. While a contingent liability of 0.12 Cr is expected, the company states these issues are beyond its control as board appointments depend on the Ministry of Petroleum & Natural Gas. The company has requested BSE to waive the fines.