ALPHA TRIBE

Indsoya LtdImportant, 27-01-2026: Company Update

27-01-2026 | 07:11 pm

Apollo Ingredients Limited has filed an appeal with the Securities Appellate Tribunal (SAT). The company is challenging actions by BSE Limited, which include imposing fines and freezing the demat accounts of its promoter group. These actions were taken due to alleged non-compliance with regulatory requirements. This appeal seeks to reverse the penalties imposed on the promoter group. The matter is currently under review by SAT, and the company will provide updates as the proceedings advance. This move is significant for shareholders as it addresses compliance issues and penalties impacting key stakeholders.

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