Flexituff Ventures International Limited has received a penalty notice from the National Stock Exchange of India Limited for the delayed submission of its quarterly financial results. The company disclosed this regulatory action on December 17, 2025, under Regulation 30 of the SEBI Listing Regulations.

Penalty Details from NSE

The company has been penalized by NSE for failing to submit its financial results for the quarter and half year ended September 30, 2025, within the prescribed timeline under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance Requirements

The penalty has been imposed in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The exchange has advised the company to inform its Board of Directors about the non-compliance and place the communication before the Board at its next meeting.

Financial and Operational Impact

According to the company's disclosure, there is no impact on financial, operational, or other activities of the company, other than the monetary fine amount payable. The company has confirmed that this information will be made available on its website at www.flexituff.com .

The company operates in the packaging sector and is classified as a Small Cap stock with a market capitalization of ₹60.46 crores. This regulatory action highlights the importance of timely compliance with SEBI's financial reporting requirements for listed entities.

Nakoda Group of Industries Limited has reported a significant turnaround in its financial performance for the second quarter, alongside a decision to forfeit a portion of its partly paid rights equity shares.

Financial Performance

The company's Q2 results show a remarkable improvement compared to the same period last year:

Nakoda Group has successfully turned a significant loss into a profit, indicating a strong recovery in its operations.

Forfeiture of Partly Paid Shares

In a separate development, Nakoda Group has taken action regarding unpaid call money on its rights issue:

• 2,77,146 partly paid rights equity shares have been forfeited due to non-payment of call money.
• This decision was made after multiple reminders and notices were sent to the shareholders.
• The forfeiture affects shares on which the First Call Money and the Second and Final Call Money remained unpaid.

Rights Issue Details

• The company had previously issued 50,90,056 equity shares on a rights basis at an issue price of ₹25 per share.
• Initial allotment was made upon receipt of ₹6.25 per share (25% of the issue price).
• Subsequent calls were made for the remaining amount:
  • First Call: ₹8.75 per share
  • Second and Final Call: ₹10 per share

Board Meeting Outcomes

The Board of Directors, in their meeting held on November 14, 2025, approved the following:

1. Unaudited Financial Results for Q2 and H1 ended September 30, 2025.
2. Forfeiture of 2,77,146 partly paid up Rights Equity Shares.

Implications

The forfeiture of shares may impact the company's share capital structure and could potentially affect shareholder value. However, the strong financial performance in Q2 suggests that the company's operational strategies are yielding positive results.

Investors and stakeholders should note that while Nakoda Group has shown significant improvement in profitability, it's important to consider the broader market context and future outlook when making investment decisions.