NewsMcNally Bharat Engineering Receives Regulatory Fines from BSE and NSE for Delayed Q3FY26 Results SubmissionMcNally Bharat Engineering Receives Regulatory Fines from BSE and NSE for Delayed Q3FY26 Results Submission
McNally Bharat Engineering Company Limited received regulatory fines of Rs. 23,600 each from BSE and NSE for delayed submission of Q3FY26 financial results under Regulation 33 of SEBI (LODR) Regulations. The penalties were imposed for non-submission of financial results for the period ended 31st December 2025 within prescribed timeframes. The company received notifications on 17th March 2026 from BSE and 18th March 2026 from NSE, with total fines amounting to Rs. 47,200 across both exchanges.
*this image is generated using AI for illustrative purposes only.
McNally Bharat Engineering Company Limited has received regulatory penalties from both major Indian stock exchanges for failing to submit its quarterly financial results within the prescribed timeline. The company disclosed these fines in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
Regulatory Penalties Imposed
Both BSE Limited and The National Stock Exchange of India Limited imposed identical fines on McNally Bharat Engineering Company Limited for delayed submission of financial results. The penalties were levied under SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, which outlines penal actions for non-compliance.
| Exchange: | Fine Amount | Notification Date |
|---|---|---|
| BSE Limited | Rs. 23,600 (including GST) | 17th March 2026 |
| NSE Limited | Rs. 23,600 (including GST) | 18th March 2026 |
Nature of Violation
The fines were imposed for non-compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015, specifically for the delayed submission of financial results for the period ended 31st December 2025. This regulation mandates listed companies to submit their quarterly and annual financial results within specified timeframes to ensure transparency and timely disclosure to investors.
Financial Impact
The company acknowledged that the Standard Operating Procedure (SOP) fines levied by both exchanges will have a financial impact on McNally Bharat Engineering Company Limited. The total penalty amount across both exchanges stands at Rs. 47,200, representing the cost of regulatory non-compliance.
Compliance Disclosure
McNally Bharat Engineering Company Limited has fulfilled its disclosure obligations by informing both stock exchanges about the penalties received. The company has also uploaded this disclosure on its official website at www.mcnallybharat.com , ensuring transparency with stakeholders and regulatory authorities. The disclosure was signed by Company Secretary Indrani Ray on 18th March 2026.
What underlying operational or financial challenges may have caused McNally Bharat to miss the quarterly results deadline?
Could this compliance failure signal potential governance issues that might affect investor confidence in the company?
Will McNally Bharat face additional regulatory scrutiny or monitoring from SEBI following this violation?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
