What happens if we miss a compliance deadline?

Missing a compliance deadline attracts monetary penalties from the stock exchange. The amount may vary based on the type and frequency of default, and is typically disclosed publicly by the exchange.

Repeated non-compliance can have more serious consequences. The company may be flagged as non-compliant, placed under the GSM (Graded Surveillance Measure) or ASM (Additional Surveillance Measure) frameworks, and in extreme cases, face suspension of trading in its securities.

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