ALPHA TRIBE

Affordable Robotic & Automation LimitedImportant, 20-01-2025: General Updates

20-01-2025 | 11:02 pm

Affordable Robotic and Automation Limited has reported receipt of fines from BSE and NSE due to non-compliance relating to the delay in submission of the Consolidated Limited Review Report for the period ended September 30, 2024. The BSE imposed a fine of ₹1.53 lakh, while the NSE imposed a fine of ₹1.41 lakh, both inclusive of GST. The company acknowledged the violations and promptly filed the delayed report after receiving notifications from the exchanges. The impact of these fines is limited to the penalties imposed, with no significant effect on the company's financial or operational activities. The Board is taking corrective measures to prevent future delays and is committed to maintaining high standards of corporate governance and transparency.

No comments yet. Be the first to comment!

All announcements from Affordable Robotic & Automation Limited