HEG Limited has informed the Exchange about Action(s) taken or orders passed
HEG · price
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Awaiting price reaction for this filing.
HEG Limited has paid a penalty of Rs 1,01,480 (inclusive of GST) to both NSE and BSE, totaling Rs 2,02,960, for alleged non-compliance with Regulation 17(1A) of SEBI's Listing Regulations (which relates to the appointment of non-executive directors aged 75 years or older without shareholder approval). The exchanges had earlier issued a notice on March 17, 2025. HEG filed a waiver application with NSE on March 20, 2025, which was rejected on June 30, 2025. The company has stated that the penalty has no material impact on its financials, operations, or other activities.
The fine amount is tiny (under Rs 2.5 lakh combined) and the company has confirmed no material financial or operational impact. This is a routine compliance matter and is unlikely to affect the stock price or shareholder value.