Board Comments on fines levied by Stock Exchanges
Board noted non-compliance on Board composition and committees for Q4 FY26. Fine of Rs 9.56 lakh (incl. GST) imposed by NSE & BSE. Board requested Ministry of Railways to expedite Independent Director appointments. Company requested fine waiver citing appointment beyond its control. Previous similar fines were waived. Company to follow up and update Exchanges accordingly.
Source: Original filing PDF
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