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Hindustan Zinc Faces Fine for Board Composition Non-Compliance

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Hindustan Zinc Faces Fine for Board Composition Non-Compliance

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The latest announcement is out from Hindustan Zinc Limited ( (IN:HINDZINC) ).

Hindustan Zinc Limited has been fined by BSE Limited and the National Stock Exchange of India Limited for non-compliance with Regulation 17(1) of the SEBI Listing Regulations, specifically regarding the shortfall of Independent Directors on its Board. The company is actively engaging with the Ministry of Mines to resolve this issue, and the financial impact of the fine is not considered significant.

More about Hindustan Zinc Limited

Hindustan Zinc Limited operates in the mining industry, primarily focusing on the extraction and production of zinc, lead, and silver. It is a significant player in the metal production market, catering to various industrial sectors globally.

YTD Price Performance: -2.01%

Average Trading Volume: 104,000

Current Market Cap: 1816.3B INR

See more insights into HINDZINC stock on TipRanks’ Stock Analysis page.

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