Board Meeting13 Nov 2026, 06:57 pm
Venlon Enterprises Board Notes Financial Results, Fine Withdrawal
AI Summary
Venlon Enterprises Ltd's Board of Directors, in a meeting on November 13, 2026, reviewed and approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The Board also noted a fine imposed by BSE amounting to ₹1,22,720 for delayed Annual Report filing. However, the Board was apprised that the fine was subsequently withdrawn by BSE following the company's response and submission of corrective actions. The company had paid a processing fee of ₹11,800 towards the waiver application.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Noted BSE fine of ₹1,22,720 for delayed Annual Report filing.
- BSE subsequently withdrew the fine after company's response.
- Financial statements prepared on an 'Other than Going Concern' basis.
Price Impact
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