Quarterly Result8 April 2026 at 02:41 pm
Hindustan Composites Ltd Faces Rs. 1,55,000 Fine for Delayed Financial Results Submission
AI Summary
Hindustan Composites Ltd has been fined Rs. 1,55,000 by BSE Limited for delayed submission of unaudited financial results for the quarter ended 30th June, 2019. The Company had already paid a fine of Rs. 1,91,160 each to BSE and NSE under protest for non-compliance of Regulation 17(1A) of the SEBI Listing Regulations. The Company had also filed a waiver application which got rejected. The Company is now exploring further options for deciding future course of action.
Key Highlights
- Hindustan Composites Ltd fined Rs. 1,55,000 by BSE Limited
- Fine imposed for delayed submission of unaudited financial results
- Earlier, the Company paid a fine of Rs. 1,91,160 each to BSE and NSE under protest
- Company exploring further options for future course of action
- Waiver application for non-compliance fine got rejected