MOIL Limited has disclosed that both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have levied fines against the company. The penalty, totaling ₹5,42,800/- (including GST) from each exchange, was imposed for non-compliance related to the composition of the Board for the quarter ending December 31, 2025. The management confirms that these penalties have no impact on the financial or operational activities of the company.
Disclosure of Penalties from Exchanges
Pursuant to mandatory disclosure requirements, MOIL Limited informs stakeholders that the stock exchanges—the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE)—have issued orders imposing financial penalties on the company. This action was taken following a review of disclosures pertaining to the quarter that ended on December 31, 2025.
Details of Imposed Fines
The specific violation cited by both authorities was “Non-compliance with regard to provisions of composition of Board for the quarter ended 31st Dec., 2025.”
The financial impact is itemized below:
- NSE Fine: Rs. 5,42,800/- (inclusive of GST).
- BSE Fine: Rs. 5,42,800/- (inclusive of GST).
The orders from both exchanges were received on February 27, 2026.
Company Assessment
MOIL Limited has assessed the situation and confirmed that, although fines have been levied, there is no quantifiable impact on the financial standing, operational activities, or other business facets of the Company.
Source: BSE
