Pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby submit disclosure regarding the fine imposed by BSE Limited on Elitecon International Limited ('Company') ....
ELITECON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BSE Limited has imposed a fine of Rs. 1,12,100 (including GST) on Elitecon International for failing to submit its unaudited financial results on time for the quarter and nine months ended December 31, 2025. The results were not filed within the deadline prescribed under SEBI's Listing Regulations. The order was communicated to the company on March 17, 2026, and disclosed to the exchanges the next day. The company has stated it will pay the fine within the timeline set by the exchanges. Management has clarified that this penalty has no significant impact on the company's financial position or operations.
The fine amount is small and unlikely to affect the company's finances materially, but repeated late filings of financial results can be a red flag for investors about the company's compliance and disclosure practices.