The Board of Directors at their meeting held on August 12 2021 considered the imposition of fines and made following comments in this behalf:
The Corona Pandemic related restrictions imposed in Telangana and the fact that many of the employees of the Company were directly affected by Covid-19 had severely hampered the normal working of the office and delayed the finalisation of the financial statements. Due to this extraordinary situation we had our Board meeting for considering the Audited Financial Results for the quarter and financial year ended March 31 2021 (Standalone and Consolidated) on July 20 2021 for which there was a delay of 20 days. This resulted in levy of fine of Rs 1 18 000/- (Including GST) by BSE and the same has been paid by the Company on August 11 2021 vide NEFT UTR: AXIC212231712658.
Kindly take this information on your records.
Ask Value Research 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
