- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Apollo Ingredients has received an interim order from the Securities Appellate Tribunal regarding its appeal against BSE's fine rejection. The Tribunal admitted the company's appeal and directed it to deposit a fine of 0.0206 Cr under protest within one week. Crucially, subject to this deposit, the demat accounts of the company's promoters will be defrozen. The deposited amount will be held in an interest-bearing account, pending the appeal's final outcome. This decision provides significant relief to promoters and has no material financial impact beyond the interim deposit.