Nakoda Group Fined ₹1.53 Lakh by BSE, NSE for Delayed Results Submission
Nakoda Group of Industries Limited has been fined a total of ₹1,53,400 (Rupees One Lakh Fifty-Three Thousand Four Hundred only) by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE)...
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Why is Nakoda Group of Industries Limited in the news today?
Nakoda Group of Industries Limited (NGIL) is in the news due to the company has incurred financial penalties due to non-compliance with regulatory filing deadlines.
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Nakoda Group Fined ₹1.53 Lakh by BSE, NSE for Delayed Results Submission
December 17, 2025, 06:43 AM
Nakoda Group of Industries Limited has been fined a total of ₹1,53,400 (Rupees One Lakh Fifty-Three Thousand Four Hundred only) by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for the late submission of its Standalone Limited Review Report for the quarter ended September 30, 2025.
The BSE imposed a fine of ₹23,600, while the NSE levied a fine of ₹1,29,800. The company cited a system error as the reason for the delay in complying with Regulation 33 of the SEBI Listing Regulations. The announcement states that the company is in the process of completing and submitting the report to the stock exchanges.
The company has been given 15 days from the date of the notice to make the payment. The impact on the financial, operational, or other activities of the listed entity is considered nil, except for the penalty amount itself.
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