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NLC India Limited ( (IN:NLCINDIA) ) has shared an update.
NLC India Limited has been fined by the National Stock Exchange and BSE for non-compliance with SEBI regulations regarding board composition, specifically the appointment of a woman director. The company has requested a waiver of these fines, citing that the appointment of directors is controlled by the government, and the Ministry of Coal is being informed of the compliance requirements. The fines do not impact the company’s operations or activities.
More about NLC India Limited
NLC India Limited is a Navratna government enterprise operating in the energy sector. It is involved in the production of lignite and power generation, with a focus on sustainable energy solutions.
Average Trading Volume: 158,842
Technical Sentiment Signal: Buy
Current Market Cap: 342.3B INR
For detailed information about NLCINDIA stock, go to TipRanks’ Stock Analysis page.