Announced Fri, 10 Apr · 16:15 IST
HUDCO fined ₹5.43 lakh for board composition non-compliance
HUDCO · 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
+2.0%1-day move
₹184.29
prior close
₹178.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.7+1.9+1.7+2.0+5.0+6.8+7.1+7.4+10.8+20.7+19.5+13.3+14.2
Up moveDown movePending
AI summary
HUDCO has been fined ₹5,42,800 (incl. GST) by NSE and BSE for 92 days of non-compliance with SEBI's Listing Regulations on board composition (Regulation 17(1)) during Q3 FY26. The company lacks the required number of Independent Directors. As a government entity, director appointments are made by the President of India. The Board plans to seek a waiver and continue follow-up with the relevant Ministry.
Likely market impact
Minor penalty likely to be waived; no material impact on operations as director appointments are controlled by the government, not the company.