MOIL Limited has been levied a combined fine of ₹18,00,680 by both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). These penalties are a result of non-compliance with provisions related to the composition of the Board and its various committees for the quarter ending June 30, 2026. The company states there is no impact on its financial or operational activities.
Stock Exchange Fines Levied on MOIL
MOIL Limited has received penalties from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). The total fine amounts to ₹18,00,680. This action stems from the company’s non-compliance with listing regulations concerning the composition of its Board and its various committees.
Details of Non-Compliance
The specific period for which the non-compliance was noted is the quarter that ended on June 30, 2026. The NSE imposed a fine of ₹9,00,340 (including GST), and the BSE levied a similar fine of ₹9,00,340 (including GST).
MOIL Limited has clarified that these fines have no impact on the financial, operational, or other activities of the company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: BSE
