Airfloa Rail Technology Limited Receives ₹17.27 Lakh Penalty from RoC for CSR Compliance Delay
Published on: Jan. 20, 2026, 7:24 p.m. | Source: scanx.trade
Airfloa Rail Technology Limited faces a penalty of ₹17.27 lakh from RoC Tamil Nadu for delayed CSR compliance in FY 2019-20, with additional penalties of ₹1.73 lakh each imposed on two directors. The company plans to appeal the order, arguing for lenient treatment given its voluntary disclosure and subsequent compliance. The penalty amount equals the unspent CSR obligation that was belatedly transferred to the Prime Minister's National Relief Fund.
