MOIL Limited Fined Rs. 5,31,000 by NSE and BSE for Non-Compliance
MOIL Limited, a Government of India Enterprise, has been fined by both the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE). The penalty was imposed regarding non-compliance with the provisions concerning the composition of the Board for the quarter that ended on March 31, 2026.The fines were communicated on May 27, 2026. The penalty is attributed to the failure to comply with the required provisions regarding the composition of the Board.
The financial details of the fines levied by the two exchanges are as follows:
| Authority | Action Taken | Period of Violation | Fine Amount |
|---|---|---|---|
| National Stock Exchange of India Limited (NSE) | Fine | Quarter ended March 31, 2026 | Rs. 5,31,000/- (incl. GST) |
| BSE Limited (BSE) | Fine | Quarter ended March 31, 2026 | Rs. 5,31,000/- (incl. GST) |
The company noted that there is no impact on its financial, operational, or other activities resulting from the imposition of these fines.
MOIL Stock Price Movement
On Wednesday, MOIL Limited shares edged higher, closing at ₹303.00, marking a gain of 0.58% for the session. The equity found support above its day's low of ₹302.00, trading on a total volume of 446,527 shares.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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