Archive · 28 Jun 2025
DroneAcharya Fined for Delayed Financial Results Submission
Imagine a company called DroneAcharya that makes drones.
They were supposed to share their financial report, like how much money they made and spent, on time.
However, they were late!
Because of this, the stock market, called BSE, gave them a fine of 1.3 Lakh rupees.
The reason for the delay was some problems with the audit, which is like checking their financial records.
This isn't the first time; they were late before too.
The company is now explaining the situation to the BSE and asking if they can avoid paying the fine.
DroneAcharya has been fined INR 1.3 Lakh by the BSE for late submission of financial results.
The fine is due to non-compliance with Regulation 33 of SEBI Regulation 2015.
The delay pertains to the financial results for the second half of the fiscal year ending March 2025.
DroneAcharya cited delays in the audit process and resource constraints as reasons for the delay.
This is not the first time DroneAcharya has been fined for late financial submissions.
- Who
- DroneAcharya, a drone technology company, was fined.
- What
- DroneAcharya was fined for delayed financial results submission.
- When
- The fine was issued for the second half of the fiscal year ending March 2025.
- Where
- The fine was issued by the BSE (Bombay Stock Exchange).
- Why
- For non-compliance with SEBI Regulation 33, and due to delays in their audit process.
DroneAcharya
BSE
Financial Reporting Compliance
DroneAcharya
Acknowledges responsibility and is making a representation to BSE to waive the fine
BSE
BSE imposed a fine.
- Company
- DroneAcharya
- Fine Amount
- INR 1.3 Lakh
- Exchange
- BSE
- Regulation Violated
- Regulation 33 of SEBI Regulation 2015
- Delay Reason
- Audit process delays
- Previous Fine
- INR 5,900 in 2024
- Founded
- 2017