Austere Systems Share Price Today

Austere Systems gets SEBI warning for late NCLAT order disclosure

SEBI issued a warning-cum-advisory to Austere Systems for late disclosure of an NCLAT order upholding a ₹44.26 lakh CCI penalty. The company failed to report the September 23, 2025, tribunal decision within the mandated 24-hour window under Regulation 30. SEBI noted no monetary penalty was imposed via the advisory, citing no material impact on operations or finances. The underlying legal dispute regarding bid-rigging is currently pending final hearing in the Supreme Court of India.

Austere Systems AGM sees all resolutions pass with 100% votes in favour

All five AGM resolutions passed with 100% votes in favour. Final dividend of ₹0.80 per share declared for FY26. Mayank Gupta appointed as Independent Director for five years. Promoters voted 100% of their holding; public participation remained low.

Austere Systems to consider final dividend for FY26 in Sep 7 board meeting

Austere Systems schedules board meeting for September 7, 2026. Agenda includes final dividend recommendation for FY26 equity shareholders. Payout requires approval at the ensuing annual general meeting. Trading window closed for insiders per SEBI regulations.

Austere Systems incorporates wholly owned US subsidiary LLC

Austere Systems Limited incorporated Austere Systems LLC in Delaware on July 9, 2026, as a wholly owned subsidiary for IT consulting. The disclosure was made voluntarily under SEBI LODR regulations. No capital has been contributed to the new entity yet.

Austere Systems authorizes KMP to determine disclosure materiality

Austere Systems Limited has formally authorized Piyush Gupta and Sneha Goenka to handle disclosure materiality and reporting under SEBI Regulation 30(5). This move aligns the company’s governance framework with mandatory listing obligations on the BSE SME Platform, ensuring clear lines of authority for regulatory communications.

Austere Systems appoints Sneha Goenka as Company Secretary

Austere Systems Limited announced the appointment of Sneha Goenka as Company Secretary and Compliance Officer, effective July 27, 2026. The Board also accepted the resignation of Independent Director Sharad Gaur, who cited personal reasons for his departure.