NSE and BSE Impose Fines on MOIL Limited Over Board Composition Non-Compliance
MOIL Limited, a Government of India Enterprise, has faced penalties from major stock exchanges following non-compliance regarding the composition of its Board and associated committees. Both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) levied fines against the company.The penalties were issued after the company failed to comply with provisions concerning the composition of its Board and various Board Committees for the quarter ended 30 June, 2026. The fines were received by MOIL Limited on 25.08.2026.
The financial penalties levied by the two exchanges are detailed below:
| Authority | Fine Amount | Violation Details |
|---|---|---|
| NSE | Rs. 9,00,340/- (incl. GST) | Non-compliance with regard to provisions of composition of Board and various Board Committees for the quarter ended 30 June, 2026. |
| BSE | Rs. 9,00,340/- (incl. GST) | Non-compliance with regard to provisions of composition of Board and various Board Committees for the quarter ended 30 June, 2026. |
According to the details provided, the company stated that there is no impact on its financial, operational, or other activities resulting from these fines.
MOIL Stock Price Movement
As of 11:42 AM, shares of MOIL Limited are slipping by 1.88% in live trading, currently standing at ₹263.25 as investors react to market pressures. The equity has seen significant activity today, with a traded volume amounting to 388,919 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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