Juniper Hotels Limited Pays Fine Regarding Board Composition Compliance
Juniper Hotels Limited has reported on the non-compliance issues related to its Board of Directors' composition, noting the payment of fines levied by the National Stock Exchange of India Limited (NSE) and BSE Limited.The company addressed the lapse concerning Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which pertains to the composition of the Board of Directors for the period spanning October 01, 2025, to December 17, 2025.
The Board noted that the delay in compliance resulted in the levy of fines by both exchanges. The fine amount for the non-compliance was reported as ₹ 4,60,200/- (incl. GST) from NSE and ₹ 4,60,200/- (incl. GST) from BSE, with the company confirming payment of both relevant fines.
The Board of Directors stated that the company’s governance structure remains robust, comprising a balanced mix of experienced Executive and Non-Executive Directors, with a notable representation of Non-Executive Directors. The Board stressed that this diverse expertise continues to guide effective management of the hospitality business, even in a dynamic environment.
To rectify the compositional lapse, Mr. Mayur Chokshi was appointed as an Independent Director of the Company, effective December 18, 2025. Following this appointment, the company confirmed that it is presently in compliance with the requirements governing the composition of its Board.
The Board further emphasized the necessity of adhering to all regulatory timelines, highlighting the significance of such compliance to avoid future non-compliance instances.
| Exchange | Fine Amount (Incl. GST) |
|---|---|
| NSE | ₹ 4,60,200/- |
| BSE | ₹ 4,60,200/- |
JUNIPER Stock Price Movement
Today, Juniper Hotels Limited shares edged higher to close at ₹199.89, marking a positive gain of 0.24% for the session. The stock finished trading on a volume of 100,523 shares, having held to a range between ₹199.00 and ₹205.19.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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