StockWatch
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Civil Construction
Tax & Penalty14 Aug 2026, 02:00 pm

Udayshivakumar Infra Board Notes BSE/NSE Fines for Late Results

AI Summary

Udayshivakumar Infra Ltd's Board of Directors acknowledged fines imposed by BSE and NSE for the late submission of financial results for the quarter and year ended March 31, 2026. The delay was attributed to a lack of quorum for a board meeting on May 30, 2026, which was subsequently rescheduled. The company submitted its results on June 6, 2026, and has paid the applicable fines. The Board assured that measures will be taken to ensure timely board meetings in the future.

Key Highlights

  • Board acknowledges fines from BSE and NSE for late financial results.
  • Delay caused by lack of quorum for the May 30, 2026 board meeting.
  • Financial results for March 31, 2026, submitted on June 6, 2026.
  • Company has paid the levied fines.
  • Commitment to ensure timely board meetings and avoid future delays.