BF Utilities Fined ₹3.54 Lakhs by NSE & BSE for Delayed Financial Results
BF Utilities Limited has been fined ₹1,77,000 each by the National Stock Exchange (NSE) and BSE Limited (BSE) for non-compliance with Regulation 33 of the SEBI Listing Regulations concerning the delay...
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Why is BF Utilities Limited in the news today?
BF Utilities Limited (BFUTILITIE) is in the news due to the company received fines for a procedural non-compliance, which it has rectified by paying the penalty. the announcement explicitly states no material impact on financials or operations, making the sentiment neutral.
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BF Utilities Fined ₹3.54 Lakhs by NSE & BSE for Delayed Financial Results
December 17, 2025, 09:37 AM
BF Utilities Limited has been fined ₹1,77,000 each by the National Stock Exchange (NSE) and BSE Limited (BSE) for non-compliance with Regulation 33 of the SEBI Listing Regulations concerning the delay in submitting Unaudited Financial Results for the quarter ended September 30, 2025. The delay is attributed to the company's subsidiaries – Nandi Infrastructure Corridor Enterprise Ltd., Nandi Economic Corridor Enterprises Ltd., and Nandi Highway Developers Limited – not yet submitting their results to BF Utilities.
The company received communication regarding this on December 16, 2025. The total fine amount of ₹3,54,000 (₹1,77,000 to NSE and ₹1,77,000 to BSE) was paid on December 17, 2025, within the due payment date of December 31, 2025. BF Utilities had previously informed the stock exchanges on November 12, 2025, about the reasons for the delay in submitting the consolidated financial results. The company states that this non-compliance has no material impact on its financials, operations, or other activities.
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