National Aluminium Company Legal & Regulatory
NALCO requests a waiver from BSE and NSE for a Rs. 0.14 Crore fine imposed due to non-compliance regarding Independent Director appointments.
- Value
- ₹0.14 Cr
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Time
5 announcements
NALCO requests a waiver from BSE and NSE for a Rs. 0.14 Crore fine imposed due to non-compliance regarding Independent Director appointments.
NALCO received a notice from BSE imposing a fine of Rs. 14.31 Lakhs for non-compliance with LODR regulations. The company is currently representing its position.
NALCO is seeking a waiver from BSE and NSE for a Rs. 0.05 Crore fine imposed due to the non-appointment of sufficient Independent Directors.
BSE and NSE imposed fines totaling ₹1.06 Crore on National Aluminium Company for board composition non-compliance. The company is currently representing its position to the exchanges.
NALCO reported NSE and BSE fines totaling ₹0.18 Crore for non-compliance with board composition norms. The company is seeking waivers for these penalties.