BF Utilities Limited has informed the Exchange about General Updates
BFUTILITIE · price
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BF Utilities told the stock exchanges that NSE and BSE levied additional fines of Rs. 1,00,300 and Rs. 23,600 respectively on July 14, 2025, for non-compliance with Regulation 33 of SEBI Listing Regulations. The non-compliance stems from delays by its two subsidiaries — Nandi Infrastructure Corridor Enterprise (NICE) and Nandi Economic Corridor Enterprises (NECE) — in submitting their audited financial results for the quarter and year ended March 31, 2025. The company has already paid both fines on July 15, 2025, taking the cumulative penalties paid to NSE and BSE to Rs. 2,53,700. BF Utilities stated there is no material impact on its financials, operations, or other activities from this non-compliance.
The penalty amount is small and has already been paid, so direct financial impact is minimal. However, continued non-compliance risks freezing of promoter shareholdings by the exchanges, and investors should watch for timely filing of subsidiary results.