Announced Tue, 14 Jul · 14:41 IST
Board comments on exchange fines for board composition non-compliance
IRCTC · 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
-0.0%1-day move
₹503.30
prior close
₹496.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1-0.0+0.1+0.0-0.0-0.6+0.7+0.2-0.7-1.8————
Up moveDown movePending
AI summary
NSE and BSE each fined IRCTC Rs 5,31,000 for non-compliance of SEBI LODR Regulation 17(1) on board composition, including failure to appoint a woman director, for the quarter ended 31 March 2026. The Board noted the non-compliance is beyond the company's control as directors are appointed by the Ministry of Railways. IRCTC had proactively informed the ministry in advance. Board advised requesting the ministry to expedite appointments.
Likely market impact
Minor combined penalty of about Rs 10.62 lakh. Issue is beyond the company's control and depends on Ministry of Railways action.