Announced Tue, 25 Aug, 2026 · 23:26 IST
IRCON faces NSE/BSE fine for board composition non-compliance
IRCON · 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
-0.6%1-day move
₹123.47
prior close
₹124.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.0+0.7+1.2-0.6-0.8-3.3-3.3-4.1-3.4-12.5-16.2——
Up moveDown movePending
AI summary
NSE and BSE levied Rs 9,66,420 each on IRCON for not meeting board and committee composition rules under SEBI LODR for Q1 FY27 (quarter ended June 2026). IRCON, a Government company under Ministry of Railways, says director appointments rest with the Government and it has been requesting MoR. A Woman Independent Director was appointed on Aug 17, 2026, making IRCON eligible for fine waiver. No material impact on operations or financials.
Likely market impact
No material impact on operations or financials; fine likely to be waived as compliance is now restored.