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<h1>Listed Entities Face Action for Unpaid Fines Under Regulation 99 of SEBI Listing Obligations, 2015</h1> If a listed entity fails to pay a fine imposed by recognized stock exchanges within the specified period after receiving written notice, the stock exchange may initiate action against the entity. This procedure is outlined in Regulation 99 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.