Advent Hotels International Ltd

Advent Hotels Fined ₹1.4L by BSE & NSE for Delayed Financial Results 📉

- Fined ₹60,000 each by BSE & NSE (₹70,800 with GST per exchange) for delayed Q2 FY2026 results submission

- Delay caused by misinterpretation of SEBI LODR Regulation 33(3)(j)

- Initially believed 21-day extension applied post-listing (13 Nov 2025)

- Clarified on 17 Nov 2025: 21-day rule only for IPO listings, not scheme of arrangement

- Audit Committee & Board approved results on 28 Nov 2025 after clarification

- Fines being paid within 15-day deadline

- No financial/operational impact beyond penalty amounts