MOIL Limited has informed the Exchange about Imposition of fine by NSE and BSE for the quarter ended 31st Dec., 2025.
MOIL · price
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Awaiting price reaction for this filing.
NSE and BSE have each levied a fine of Rs. 5,42,800 (inclusive of GST) on MOIL Limited, totalling about Rs. 10.85 lakh. The penalty relates to non-compliance with provisions regarding the composition of the Board for the quarter ended 31st December 2025. The company received the communication from both exchanges on 27 February 2026 and has disclosed this under SEBI Listing Regulations. MOIL has stated that there is no impact on its financial, operational, or other activities due to this penalty.
The fine amount is very small (roughly Rs. 10.85 lakh combined) and the company has confirmed no material impact on operations or finances. This is a minor regulatory compliance issue unlikely to affect the stock price, though it may draw attention to ongoing board composition compliance.