India, June 28 -- Listed dronetech startup DroneAcharya has been slapped with a fine of INR 1.3 Lakh by the BSE for delay in the submission of its financial results for the second half of the fiscal year ended March 2025 (H2 FY25).

In an exchange filing, the BSE SME-listed drone company said that the fine was imposed for alleged non-compliance with Regulation 33 of SEBI Regulation 2015.

"We would like to inform that on basis of the said communication, the company is in the process of making necessary representation to BSE Ltd with detailed reasons and requesting for waiver of the imposition of fine," the filing added.

Last week, DroneAcharya said that the delay in submission of its financial statements was due to "delays in the audit p...