tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NTPC Faces Compliance Fines Amidst Efforts to Resolve Governance Issues

Story Highlights
NTPC Faces Compliance Fines Amidst Efforts to Resolve Governance Issues

TipRanks Cyber Monday Sale

The latest update is out from NTPC Limited ( (IN:NTPC) ).

NTPC Limited has received notices from the National Stock Exchange of India Limited and BSE Limited for non-compliance with SEBI regulations, resulting in fines of Rs.5,42,800 each. The company argues that as a government entity, the appointment of independent directors is under the purview of the Ministry of Power, and is actively seeking to resolve the issue to avoid the fines.

More about NTPC Limited

NTPC Limited is a government-owned company operating in the power generation industry. It primarily focuses on electricity generation and distribution, playing a significant role in India’s energy sector.

Average Trading Volume: 692,758

Technical Sentiment Signal: Hold

Current Market Cap: 3172.7B INR

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1