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KRN Heat Exchanger Faces Fine for Regulatory Non-Compliance

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KRN Heat Exchanger Faces Fine for Regulatory Non-Compliance

Meet Samuel – Your Personal Investing Prophet

Krn Heat Exchanger and Refrigeration Limited ( (IN:KRN) ) has provided an update.

KRN Heat Exchanger and Refrigeration Limited announced that it has been fined by the stock exchanges for delayed compliance with SEBI regulations concerning the composition of its Risk Management Committee. The company attributed the delay to the time required to identify a suitable compliance officer and has assured stakeholders that measures are in place to prevent future non-compliance. The fine of Rs. 82,000 was paid promptly, and the Board has reviewed the situation to ensure adherence to regulatory requirements moving forward.

More about Krn Heat Exchanger and Refrigeration Limited

KRN Heat Exchanger and Refrigeration Limited operates in the industrial sector, specializing in the production of heat exchangers and refrigeration equipment. The company focuses on providing solutions for industrial cooling and heating needs, catering to a diverse range of industries.

Average Trading Volume: 28,530

Technical Sentiment Signal: Strong Sell

Current Market Cap: 49.24B INR

See more data about KRN stock on TipRanks’ Stock Analysis page.

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