Tax & Penalty1 Jul 2026, 05:10 pm
BF Utilities Fined ₹3.42 Lakh by NSE & BSE for Delayed Results
AI Summary
BF Utilities Ltd has been fined ₹1,71,100 each by NSE and BSE for non-compliance with Regulation 33 of SEBI Listing Regulations. The delay in submitting audited financial results for the quarter and year ended March 31, 2026, was due to subsidiaries Nandi Infrastructure Corridor Enterprise Ltd., Nandi Economic Corridor Enterprises Ltd., and Nandi Highway Developers Limited not submitting their results on time. The company has paid the total fine of ₹3,42,200 (subject to TDS) on July 1, 2026. BF Utilities stated there is no material impact on its financials or operations.
Key Highlights
- BF Utilities fined ₹3.42 lakh by NSE and BSE for delayed financial results.
- Non-compliance stemmed from subsidiaries' failure to submit audited results.
- Fines paid on July 1, 2026, with no material financial impact.
- Violation relates to Regulation 33 of SEBI Listing Regulations.
Price Impact
More from BFUTILITIE