Elecon Engineering has clarified a fine imposed for non-compliance related to filing Integrated Financial Results on the NSE portal.

The company submitted the filings on the BSE portal, expecting automatic reflection on NSE, based on past experience.

Upon NSE’s notice, Elecon promptly rectified the issue and filed on NSE’s system.

The Board emphasized this was a good-faith error due to overlapping filing systems and reaffirmed commitment to regulatory compliance.

A formal waiver application has been submitted to NSE.

No operational or financial impact reported.