Indian Railway Catering And Tourism Corporation Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
IRCTC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IRCTC had been fined by NSE and BSE (₹6,60,000 plus GST each per quarter) for delays in complying with SEBI LODR Regulations 17(1), 18(1) and 19(1)/(2), which relate to the composition of the Board, Audit Committee, and Nomination and Remuneration Committee, for the quarters ended December 2024, March 2025, and June 2025. NSE has now approved IRCTC's waiver request, and the fines for all three quarters have been fully waived off. This follows previous communications on 18.03.2025, 30.05.2025, and 30.08.2025 regarding the non-compliance.
Positive for shareholders — the financial penalty stands waived, removing any cash outflow or lingering regulatory liability. However, the episode does highlight past governance/compliance lapses around board committee composition that investors may want to track going forward.