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The company was assessed fines by BSE and NSE for a technical non-adherence concerning the appointment of a Non-Executive Director over seventy-five years of age. Despite shareholders having previously approved this director's continuation via a special resolution, the exchanges levied penalties of approximately 1.49 lakh from BSE and 1.42 lakh from NSE. The company has communicated the shareholder approval to the exchanges and is actively pursuing a waiver of these fines. The overall financial impact is limited to these penalty sums.