Petronet LNG Limited informed stock exchanges on March 18, 2026, that the Board of Directors has taken note of penalties paid due to non-compliance identified by the exchanges. This disclosure follows prior communication regarding the non-adherence to specific Listing Regulations. The necessary follow-up actions and the Board’s acknowledgment were completed during the meeting held on the date of this announcement, ensuring regulatory transparency.
Board Acknowledgment of Penalty Payments
Petronet LNG Limited issued a formal notice on 18th March 2026 confirming that the necessary procedural steps regarding identified non-compliance have been concluded. The company had previously been notified by the National Stock Exchange of India Limited (NSE) and BSE Limited regarding deviations from specified Listing Regulations.
Regulatory Follow-Up Action
The core purpose of this communication is to report the conclusion of the mandated follow-up procedures. Pursuant to directions received through communications dated 27.02.2026 from both exchanges, the matter concerning the non-compliance and the subsequent penalty payment was required to be placed before the Board of Directors.
This agenda item was discussed and reviewed at the Board Meeting held on 18th March 2026. The Directors subsequently took note of the same, confirming that the required steps related to the penalty payment and disclosure have been met.
Disclosure Confirmation
This intimation serves to formally inform the exchanges for public dissemination and internal records, closing the loop on the non-compliance issue detailed in previous correspondence, including a letter dated 12th March 2026.
The announcement was signed by Rajan Kapur, GGM & President – Company Secretary, on 18th March 2026.
Source: BSE
