Parsvnath Developers Limited has informed the BSE and NSE that it has paid fines imposed for delayed submission of financial results for the fourth quarter and year ended 31st March 2025 and the first quarter ended 30th June 2025. The fines were levied under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for non-submission of quarterly and annual financial statements within the prescribed timelines.

The total fines imposed were as follows: for the fourth quarter and financial year ended 31st March 2025, Rs. 3,48,100 was levied by each exchange, BSE and NSE, and for the first quarter ended 30th June 2025, Rs. 1,71,100 was levied by each exchange. Parsvnath Developers has confirmed that these payments were made via RTGS on 19th September 2025. The company emphasized that there was no delay or default in payment.

For clarity, the payments details are as follows:

• Fourth quarter and FY 2024-25: BSE – Rs. 3,48,100, Cheque No. 403510; NSE – Rs. 3,48,100, Cheque No. 403512

• First quarter FY 2025-26: BSE – Rs. 1,71,100, Cheque No. 403509; NSE – Rs. 1,71,100, Cheque No. 403511

The company stated that there is no material impact on financial, operational, or other activities due to these fines. Parsvnath Developers also highlighted that all disclosures have been made as per Regulation 30 read with SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13th July 2023, and necessary communication has been sent to BSE and NSE through the official email channels.

This action reflects the company’s commitment to regulatory compliance and adherence to the SEBI Listing Regulations. Despite the fines, Parsvnath Developers has maintained transparency by promptly informing both stock exchanges and ensuring that the penalties were paid within the prescribed timelines.

Industry analysts note that such fines are procedural and do not affect the company’s financial health or operations. Timely payment and disclosure of fines demonstrate a strong commitment to corporate governance and provide reassurance to shareholders and investors regarding the company’s compliance practices.

The adherence to regulatory requirements and prompt settlement of fines by Parsvnath Developers is an example of responsible corporate conduct, ensuring that the company remains in good standing with regulators while maintaining operational focus on its core business activities.

In conclusion, Parsvnath Developers’ payment of fines to BSE and NSE for delayed financial reporting reinforces the importance of timely compliance with SEBI regulations. The company continues to maintain transparency with investors and regulatory authorities, ensuring that corporate governance standards are upheld while focusing on growth and development of its real estate projects across India.

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