BF Utilities Fined ₹3.54 Lakhs by NSE & BSE for Delayed Financial Results

BF Utilities Ltd has been fined a total of ₹3,54,000 (inclusive of GST) by the National Stock Exchange (NSE) and BSE Limited (BSE) for non-compliance with Regulation 33 of the Listing Regulations. The penalty stems from the delay in submitting consolidated unaudited financial results for the quarter ended June 30, 2026. The delay was attributed to subsidiaries Nandi Infrastructure Corridor Enterprise Ltd. (NICE) and Nandi Economic Corridor Enterprises Ltd. (NECE) not submitting their results on time. The company has paid ₹1,00,300 to BSE and the remaining ₹1,53,400 to NSE, with the final ₹1,00,300 paid on September 29, 2026. BF Utilities stated there is no material impact on its financials or operations.