Announced Fri, 10 Apr, 2026 · 16:15 IST

HUDCO fined ₹5.43 lakh for board composition non-compliance

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HUDCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.5%Reaction day
₹184.29
prior close
₹178.00
announcement price
After-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.6%+2.0% vs market
Financial Institution peers, median of 7sector-0.7%+2.1% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Midcap 150 and 2.1 pts more than its Financial Institution peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.6
10m
+0.7
15m
+1.9
30m
+1.7
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.5-0.6+2.0-0.7+2.1
Next day
+2.0+1.6+0.4+1.7+0.3
2d
+5.0+2.3+2.7+4.2+0.8
3d
+6.8+3.5+3.3+6.8+0.0
4d
+7.1+3.4+3.7+5.6+1.5
5d
+7.4+3.9+3.5+6.9+0.6
1w
+10.8+3.8+7.0+7.7+3.0
15d
+20.7+5.9+14.8+6.7+14.1
1m
+19.5+3.7+15.8+2.5+17.0
2m
+13.3+6.0+7.3+0.8+12.5
3m
+14.2+8.8+5.5+0.5+13.7
UpDownMarket · Nifty Midcap 150Sector · Financial Institution peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.