Parsvnath Developers fined for delayed financial results by exchanges

Parsvnath Developers Limited (BSE:PARSVNATH) disclosed that it has been fined by both BSE Limited and the National Stock Exchange of India Limited (NSE) for non-submission of financial results within the prescribed timelines. The fines relate to the fourth quarter ended March 31, 2025, and the first quarter ended June 30, 2025, imposed under Regulation 33 of SEBI (Listing Regulations).

For the fourth quarter ended March 31, 2025, the company incurred fines of INR 3,48,100 from BSE and INR 3,48,100 from NSE. For the first quarter ended June 30, 2025, fines amounted to INR 1,71,100 from BSE and INR 1,71,100 from NSE, totaling a fine of INR 1,71,100 with applicable GST. All payments were made on September 19, 2025, via RTGS. The company confirmed that these fines have no material impact on its financial, operational, or other activities.