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Chennai Petroleum Corporation Limited ( (IN:CHENNPETRO) ) just unveiled an update.
Chennai Petroleum Corporation Limited has been fined by the BSE and NSE for not complying with the requirement to appoint a Woman Independent Director on its Board for the quarter ending September 2025. The company argues that the responsibility for such appointments lies with the Ministry of Petroleum and Natural Gas, and it has requested a waiver of the fines, citing past instances where similar requests were favorably considered.
More about Chennai Petroleum Corporation Limited
Chennai Petroleum Corporation Limited operates in the petroleum industry, focusing on refining crude oil and producing various petroleum products. As a government company, its operations are influenced by the Ministry of Petroleum and Natural Gas, Government of India.
Average Trading Volume: 206,604
Technical Sentiment Signal: Strong Buy
Current Market Cap: 133.7B INR
Find detailed analytics on CHENNPETRO stock on TipRanks’ Stock Analysis page.