Polychem Ltd — Important, 16-04-2026: Company Update

Polychem Limited has been granted a full waiver by BSE for a fine of Rs. 1,98,240 (including GST). The fine was initially imposed for alleged non-compliance with listing requirements related to the composition of the Nomination and Remuneration Committee for a past quarter. The company had disputed this penalty, affirming its compliance and filing an application for its waiver. The Exchange's approval means the company avoids this financial outlay, marking a positive resolution to a compliance matter.