
Tax & Penalty15 Sept 2026, 05:20 pm
BF Utilities fined ₹1.53 Lakh by BSE for delayed results
AI Summary
BF Utilities Ltd has been fined ₹1,53,400 (inclusive of GST) by BSE Limited for non-compliance with Regulation 33 of the Listing Regulations. The fine is due to the delay in submitting the unaudited financial results for the quarter ended June 30, 2026, as the company's subsidiaries, Nandi Infrastructure Corridor Enterprise Ltd. and Nandi Economic Corridor Enterprises Ltd., had not yet submitted their results to the parent company. BF Utilities has stated that there is no material impact on its financial or operational activities and is in the process of making the payment. The company had previously informed stock exchanges about the reason for the delay on August 14, 2026.
Key Highlights
- BSE levied a fine of ₹1.53 Lakh on BF Utilities for delayed financial results.
- Subsidiaries failed to submit unaudited financial results on time.
- No material impact on company's financials or operations.
- Payment of the fine is in process.
Price Impact
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