Announced Tue, 1 Sept, 2026 · 20:11 IST
IREDA board seeks waiver of exchange fines for board composition gaps
IREDA · 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
-1.0%1-day move
₹114.20
prior close
₹113.65
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.9-1.0-0.8-1.0-0.5-1.1-1.8-1.9-2.2-3.6-4.6——
Up moveDown movePending
AI summary
BSE and NSE fined IREDA about Rs 14.2 lakh (incl GST) for Q1FY27 listing rule gaps on board composition, including missing woman director and incomplete audit, nomination, stakeholder and risk committees. Board says as a government company, director appointments rest with the President via MNRE. Requested MNRE to expedite vacancies and asked exchanges to waive fines as non-compliance is beyond company control.
Likely market impact
Minor penalty of Rs 14.2 lakh; board seeking waiver citing lack of control. Risk of trading suspension if Q2FY27 also non-compliant.