BF Utilities Legal & Regulatory
BF Utilities Limited paid a fine of Rs. 1.53 Lakh to NSE for the delayed submission of consolidated financial results.
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- ₹0.02 Cr
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BF Utilities Limited paid a fine of Rs. 1.53 Lakh to NSE for the delayed submission of consolidated financial results.
NSE and BSE levied a combined fine of Rs. 0.37 Crore on BF Utilities Limited. The penalty arises from non-compliance with board composition regulations regarding independent woman directors.
BF Utilities Board reviewed a fine and promoter account freezing imposed by BSE for non-compliance with Regulation 33. Delays were attributed to subsidiary financial reporting issues.
BF Utilities Board noted an NSE fine of ₹1,71,100 for delayed submission of audited results for FY2026. The delay stemmed from non-submission of financials by subsidiaries NICE and NECE.