Nature of the Event
The company received a communication from BSE Limited regarding levy of a fine for non-submission of the Financial Results for the quarter and year ended 31st March, 2026 within the prescribed timeline.
Details of Violation and Penalty
- Violation: Non-submission of Financial Results for quarter/year ended 31st March, 2026 within prescribed timeline under Regulation 33
- Authority: BSE Limited
- Date of communication receipt: 30th June, 2026
- Fine imposed: ₹1,71,100/- (Rupees One Lakh Seventy-One Thousand One Hundred Only)
- Breakdown: Basic fine of ₹1,45,000/- and GST of ₹26,100/-
- Payment date: 06th July, 2026
Company's Response and Status
The company had previously informed the stock exchange about the delay in submission of financial results via communication dated 27th May, 2026. The company is in the process of completing the statutory audit, and the Audited Financial Results for the quarter and financial year ended 31st March, 2026 will be submitted to the Stock Exchange upon completion of the audit and approval by the Board of Directors.
Financial and Operational Impact
The company states that other than the financial impact of the fine payment, there is no material impact on the financial, operational or other activities of the company.
Reference Documents
The disclosure is made with reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026 (Chapter VII(A) - Penal Action for Non-Compliance).