Electrosteel fined â¹1 crore for delaying financial results
The NSE has imposed a penalty of over â¹1 crore on Electrosteel Steels for non-compliance in filing its financial results within stipulated time for the quarter and year ended March 31, 2018. A company has to submit audited financial results within 60 days from fiscal's end. Last month, billionaire Anil Agarwal's Vedanta had acquired the bankrupt steelmaker for â¹5,320 crore.