MOIL Limited has informed the Exchange about fine imposed by stock exchanges.

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MOIL · price

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AI summary

MOIL Limited has received fines from both NSE and BSE for non-compliance with board composition provisions for the quarter ended 31st March 2026. Each exchange has levied a fine of Rs. 5,31,000/- including GST. The company clarified that there is no impact on its financial, operational or other activities. The fine was received on 27.05.2026 and was disclosed under SEBI (LODR) Regulations, 2015.

Likely market impact

The fine is relatively small for a company of MOIL's size and the company has stated there is no financial or operational impact. However, it reflects a governance compliance issue regarding board composition that investors may want to monitor.