Bikaji Foods International Limited paid a total fine of Rs. 1,88,800 (Rupees One Lakh Eighty-Eight Thousand Eight Hundred only). They placed the matter before the Board of Directors after receiving an email from BSE Limited & NSE imposing a fine for non-compliance of Regulation 19 of SEBI (Listing Obligations and Disclosure Requirements) Regulations. The company has re-constituted the Nomination and Remuneration Committee and given importance to governance and compliance of applicable laws.