Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Newtime Infrastructure Limited filed its Annual Secretarial Compliance Report for FY25, prepared by S. Khurana & Associates. The report flagged 11 instances of delayed submissions to BSE, including quarterly shareholding pattern (12 days late), FY24 annual report, EGM e-voting results, newspaper publication of EGM notice, bonus shares intimation, MOA alteration, appointment of Independent Director (Manoj Kumar), NCPS terms alteration, and appointment of Managing Director (Ajay Kumar Thakur). A BSE fine of Rs. 1,08,560 was imposed for delayed intimation of Company Secretary appointment. No further action was taken on most other deviations because the company's shares are currently suspended on BSE. The auditor also noted non-compliance with Secretarial Standards (advised stricter adherence) and incomplete website disclosures under a dedicated section. Past-year fines totalling around Rs. 1.04 lakh (for delays in appointing Company Secretary and submitting financials/compliance reports) have already been paid by the company.
This is a negative signal for shareholders — the company already trades suspended on BSE and now shows a pattern of weak compliance discipline, multiple filing delays and governance gaps. While the fines are small in absolute terms, they point to poor internal processes that could keep the stock in the penalty box and delay any potential revocation of suspension.