Announced Wed, 26 Aug, 2026 · 16:41 IST
MRPL gets notice and fine from BSE, NSE for board composition non-compliance
MRPL · 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
-2.9%1-day move
₹173.58
prior close
₹173.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.7-0.6-0.7-2.9-2.3-1.7+0.8+1.7-0.3-4.6-2.0——
Up moveDown movePending
AI summary
MRPL received notices from BSE and NSE for non-compliance with SEBI Listing Regulations regarding composition of the Board and sub-committees for the quarter ended June 30, 2026. Fine of Rs 14.19 lakh each (including 18 percent GST) has been levied by both exchanges. The company has sought waiver, stating it is a Central Public Sector Enterprise and director appointments are made by the Ministry of Petroleum and Natural Gas.
Likely market impact
Minor regulatory penalty. Company argues delay is due to government director appointments and has requested waiver. Limited stock impact expected.