Gratex Industries Ltd — Important, 12-11-2025: Company Update

Gratex Industries' Board addressed a fine of Rs. 2,000 levied by the Stock Exchange for a deemed one-day delay in submitting its Annual Report. The Board stated that the Annual Report was submitted on time but initially placed under an incorrect category, which was promptly rectified. They clarified that the purpose of timely disclosure to the Exchange and shareholders was met, with no intention to conceal information. The Board believes the fine should be waived, and the company has formally requested the Stock Exchange to consider their waiver application. This issue highlights a procedural compliance matter, with minimal financial impact.