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The latest update is out from Moil Limited ( (IN:MOIL) ).
MOIL Limited has disclosed that the National Stock Exchange of India and BSE Limited have imposed monetary penalties for non-compliance with board composition requirements for the quarter ended 31 December 2025. The company reported that each exchange levied a fine of Rs. 5,42,800, inclusive of GST, but clarified that these penalties will not have any impact on its financial position, operations or other activities, indicating the issue is limited to a regulatory governance lapse rather than underlying business performance.
The disclosure under SEBI’s Listing Obligations and Disclosure Requirements highlights continued regulatory scrutiny of board governance standards among listed public sector enterprises. While the fines are modest in size relative to MOIL’s scale, the action underscores the importance for the company and its stakeholders of ensuring ongoing compliance with listing regulations, particularly around board composition and corporate governance norms.
More about Moil Limited
MOIL Limited is a Government of India enterprise engaged in the mining and production of manganese ore. Headquartered in Nagpur, the company supplies manganese, a key raw material for steel and related industries, and is listed on both the National Stock Exchange of India and BSE Limited.
Average Trading Volume: 59,282
Technical Sentiment Signal: Sell
Current Market Cap: 60.72B INR
For an in-depth examination of MOIL stock, go to TipRanks’ Overview page.