Announced Wed, 26 Aug, 2026 · 15:11 IST
BDL fined by BSE and NSE for board composition non-compliance
BDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹1359.90
prior close
₹1359.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3+0.3—-1.2-4.0-6.2-8.0-7.9-7.7-15.5-18.0——
Up moveDown movePending
AI summary
BSE and NSE each imposed a fine of Rs. 13.04 lakh on Bharat Dynamics for SEBI LODR non-compliance on board composition, committees and meetings for quarter ended 30 June 2026. BDL plans to seek waiver since directors are appointed by the President of India via Defence Ministry, so BDL has no control over appointments. Company says fines have no financial or operational impact.
Likely market impact
Minimal impact - small fine, company plans to seek waiver citing government control over director appointments