IL&FS Investment Managers Limited has informed the Exchange about Receipt Of Notices From Stock Exchanges
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IL&FS Investment Managers informed NSE and BSE about receiving notices dated June 27, 2025 for failing to submit its Consolidated Financial Results for the year ended March 31, 2025. The stock exchanges have imposed a fine of Rs. 5,000 per day plus 18% GST, continuing until compliance is achieved. The company had earlier applied to SEBI on June 4, 2025 for an extension of time, citing non-receipt of audited accounts from a subsidiary, and paid a Rs. 1,00,000 application fee. On June 30, 2025, the company responded to both exchanges, shared the SEBI extension application, and requested that no punitive action be initiated. The company has stated it is making efforts to submit the results as soon as possible.
Minor ongoing financial penalty (Rs. 5,000/day + GST) until consolidated results are filed, but no material operational or share price impact is expected. Continued non-compliance could invite further punitive action from the exchanges, and shareholders may note delays in receiving full financial picture of the company.