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Ballarpur Industries faces penalties from stock exchanges for delaying consolidated financial results for the March 2025 quarter and full year. The company cites issues getting financial data from subsidiaries and non-handover by the previous resolution professional post-insolvency proceedings. A new board has since cleared financials up to FY2024. BSE has levied a fine of Rs. 153,400, warning of freezing promoter shares and potential transfer to Z group/trading suspension if non-compliance continues. BILT has applied to NCLT for an extension/exemption for these filings.