BF Utilities Limited has informed the Exchange regarding 'Board comments on fine levied by the Exchange'.
BFUTILITIE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BF Utilities Limited disclosed that its Board reviewed two fines imposed by NSE and BSE for regulatory non-compliance. First, a Rs. 60,800 fine (including GST) for late submission of Q4 Dec 2025 consolidated financial results — resolved after results were published on Feb 28, 2026 and promoter demat freeze removed on March 18, 2026. Second, a Rs. 4,42,500 fine (including GST) for non-compliance with board composition rules under Regulation 17(1), specifically the failure to appoint an Independent Woman Director — subsequently addressed with an appointment effective March 17, 2026 for 3 years. The Board noted both fines in its meeting on May 28, 2026.
The company has already corrected both compliance gaps, but the two separate fines (totalling over Rs. 5 lakh including GST) signal ongoing governance issues that investors should monitor.