Stanley Black & Decker fined ₹2.16 crore for CSR rules 'breach'

Stanley Black & Decker India has been fined ₹2.16 crore by the corporate affairs ministry for not transferring unspent CSR funds within the stipulated time. The company was required to transfer funds for 2020-21 and 2021-22 but missed the deadline. Additionally, Nestaway was fined for failing to timely notify a change in its registered office address.