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<h1>Stock exchanges may take action if a listed issuer fails to pay fines on time under Regulation 298.</h1> If a listed issuer fails to pay a fine imposed by recognized stock exchanges within the specified period, the stock exchange may take further action according to its bye-laws after providing written notice. This provision is part of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, under Regulation 298.