Aravali Securities & Finance Ltd — Important, 22-01-2026: Company Update

Aravali Securities and Finance Limited has received a communication from BSE imposing a fine of Rs. 0.14 Cr (including GST) for non-compliance with listing regulations. The non-compliance concerned the composition of its Board and key committees (Audit, Nomination & Remuneration, Stakeholders Relationship) for specific quarters in 2020 and 2025. The company attributes this to a clerical error and unforeseen medical complications faced by its Company Secretary, stating that committees were substantially compliant. Aravali Securities has applied to BSE for a waiver of the fine and to unfreeze promoter demat accounts.