Nature of the Event

This is a regulatory compliance disclosure submitted to BSE Limited in response to an email from the exchange (Ref. SOP-Review-30/06/2026) concerning the late submission of audited financial results for the quarter and financial year ended 31st March 2026.

Key Quantitative Figures

The company was levied a fine of ₹17,700 for the delay, which comprises a basic fine of ₹15,000 plus GST at 18% (₹2,700). The fine was prescribed at ₹5,000 per day until the date of compliance under Regulation 33 of the SEBI LODR Regulations.

Dates of Action

  • 30th June 2026: BSE issued the notice (Ref. SOP-Review-30/06/2026) regarding the fine.
  • 20th June 2026: The company had previously intimated the stock exchanges about the reason for the delay.
  • 04th June 2026: The company submitted the delayed audited financial results for the quarter and year ended 31st March 2026.
  • 02nd July 2026: The Board of Directors meeting was held to note the exchange's notice and the subsequent action. On the same date, the company paid the full fine of ₹17,700 via NEFT (Transaction ID: S66382552).

Parties Involved

  • Regulator: BSE Limited (the receiving exchange) and SEBI, whose master circular governs the penal actions.
  • Company Officials: Kirti Agarwal, Company Secretary & Compliance Officer (ICSI Membership No. ACS 56426), who signed the submission.
  • BSE Official: Reena Raphel, Manager, Listing Compliance, who signed the fine notice.

Purpose or Stated Rationale

The disclosure serves to intimate the exchange that the company's Board has noted the fine and the underlying non-compliance. It also confirms that the fine has been paid and outlines the reason for the initial delay.

Financial or Operational Impact

The financial impact is the payment of the ₹17,700 fine. The operational impact involves a directive from the Board to the management to strengthen the internal compliance monitoring mechanism to prevent future recurrences.

Reason for Delay

The delay in submitting the financial results was due to the delayed receipt of accounting information, which consequently delayed the finalization of the financial statements.

Capital Structure Impact

No impact on the capital structure was disclosed. However, the notice from BSE warned that non-payment of the fine could lead to the freezing of the entire shareholding of the promoter(s) and all other securities held by them.

Cash Flow Implications

An outflow of ₹17,700 was confirmed on 02nd July 2026 for the payment of the fine.

Forward-Looking Guidance

The Board directed the management to strengthen its internal compliance monitoring mechanism to ensure timely compliance with all applicable provisions of the SEBI LODR Regulations to avoid a recurrence of such instances.