Announced Wed, 28 Oct, 2026 · 17:02 IST
NSE and BSE fine Engineers India Rs 10.74 lakh over board composition
ENGINERSIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
NSE and BSE each fined Engineers India Rs 5.36 lakh, including 18% GST, for the quarter ended 30 June 2026. The non-compliance was insufficient independent directors and the absence of a woman independent director under SEBI Listing Regulation 17(1). The company says the Government appoints its directors and has asked the exchanges for a waiver. A waiver will be considered only after full compliance.
Likely market impact
Total fine is Rs 10.74 lakh. Until the board composition issue is resolved and the waiver is decided, compliance concerns may weigh on sentiment.