National Stock Exchange Imposes Fine on Coal India Limited Over Regulatory Non-Compliance
National Stock Exchange of India Limited (NSE) has imposed a fine on Coal India Limited (CIL) concerning various provisions of the SEBI (LODR) Regulations, 2015. The penalty was levied following CIL's non-compliance in relation to regulations administered by the exchange.The NSE issued the order regarding the compliance lapse, resulting in a financial implication for the company.
A detailed breakdown of the action taken by the authority is as follows:
| Name of Authority | National Stock Exchange of India Limited (NSE) |
|---|---|
| Nature and details of the action(s) taken, initiated or order passed | Imposition of fine of Rs 5,45,160/- (inclusive of GST) |
| Date of receipt of direction or order | 02.06.2026 |
| Details of the violation(s)/ contravention(s) committed | Non-compliance of Regulation 17(1), 18(1) and 19(1) & 19(2) of the SEBI LODR, Regulations, 2015 |
| Financial impact | Rs. 5,45,160/- (inclusive of GST) |
Coal India Limited stated that the non-compliance in question was neither due to negligence or default by the company nor was it within the control of CIL's management. The company maintained that continuous efforts were made toward meeting all compliance requirements.
CIL also noted its governance structure, stating that it is a 'Government Company' under the administrative control of the Ministry of Coal, Government of India. As per the Articles of Association, the appointment of all Board Members is handled by The President of India, which places these appointments outside the direct purview of CIL’s management.
In response to the penalty, Coal India Limited had requested a waiver from NSE. CIL added that previous waiver requests had been considered favorably by the Exchanges.
COALINDIA Stock Price Movement
Shares of Coal India Limited are slipping by 0.85% in live trading as of 12:01 PM, currently valued at ₹468.15 after dropping ₹4.00 from its previous close. The stock saw considerable activity, with traders moving approximately 8.57 million shares during the current market phase.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.