Capacit'e Infraprojects Limited announced fine of INR 132,000 (excl. GST) each by BSE and NSE. Name of the authority: BSE and NSE.

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority is May 22, 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed: Regulation 17(1A) of the SEBI (Listing Obligations & Disclosure Requirements), 2015, pertaining to approval for appointment of Non-Executive Director who attained the age of seventy-five years. These fines are continuation to its letter dated February 23, 2024, regarding levy of fines by NSE and BSE (calculated upto quarter ended December 31, 2023) on same matter.

While the waiver application in the same matter is still under consideration by NSE and BSE. They have issued further communication levying fine, calculated for the period from January 01, 2024 to March 07, 2024.