HMT Ltd fined ₹1,71,100 by BSE and NSE for delay in results
HMT Ltd has been penalized ₹1,71,100 each by BSE and NSE for failing to submit financial results for the quarter and year ended March 31, 2026, on time. The company cited the complexity of consolidating accounts across its widespread units as the reason for the delay. HMT Ltd is currently working to submit the audited results and plans to apply for a waiver of the fines once compliance is achieved.
*this image is generated using AI for illustrative purposes only.
HMT Ltd has been fined ₹1,71,100 each by BSE Limited and National Stock Exchange of India Limited (NSE) for failing to submit financial results on time. The penalties were imposed for non-compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the quarter and year ended March 31, 2026. The fine amount is inclusive of GST and will increase daily until compliance is achieved.
The company attributed the delay to the complexity of consolidating accounts and auditing various units located across India. HMT Ltd stated that its subsidiaries operate units throughout the country, and the audit process is at an advanced stage of completion. Consequently, the company was unable to submit the audited financial results, both standalone and consolidated, for the period ended March 31, 2026, by the deadline of May 30, 2026.
In response to the notices, HMT Ltd indicated that it is working to submit the financial results at the earliest. The company further informed the exchanges that, in accordance with the provisions of the SOP Circular issued by the stock exchanges, it is in the process of applying for a waiver of the imposed fines. This waiver application will be pursued once the company achieves compliance with the regulations.
Details of the Regulatory Notice
The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015. The table below summarizes the key details of the penalty:
| Exchange | Fine Amount | Reason for Penalty | Regulation Cited |
|---|---|---|---|
| BSE Limited | ₹1,71,100 | Non-submission of financial results for the quarter/year ended March 31, 2026 | Regulation 33 of SEBI (LODR) Regulations, 2015 |
| National Stock Exchange of India Limited | ₹1,71,100 | Non-submission of financial results for the quarter/year ended March 31, 2026 | Regulation 33 of SEBI (LODR) Regulations, 2015 |
The notices were received by the company on July 01, 2026. The filing was signed by Kishor Kumar S, AGM (Company Secretary), on behalf of HMT Ltd.
Historical Stock Returns for HMT
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.55% | -5.86% | +21.04% | +40.24% | -1.19% | +78.23% |
What is the specific timeline HMT Ltd has set to complete the audit process and submit the pending financial results?
How will the accumulation of daily fines impact the company's liquidity and financial statements for the upcoming quarter?
What is the likelihood of the stock exchanges granting the fine waiver given the reason for the delay?
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
