Announced Tue, 6 Oct, 2026 · 16:35 IST
NLC India board notes stock exchange fine for governance non-compliance
NLCINDIA · 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
-5.3%1-day move
₹254.85
prior close
₹254.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3-0.5-0.5-5.3—————————
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AI summary
NLC India's Board noted fines imposed by NSE and BSE for non-compliance with SEBI LODR corporate governance norms for Q1 FY27 (quarter ended 30 June 2026). Non-compliance related to composition of Audit, Nomination and Remuneration, Stakeholders Relationship, and Risk Management committees, plus failure to appoint a Women Director. The Board will write to the Ministry of Coal to appoint Independent Directors including a Women Director to avoid future penalties.
Likely market impact
Minor penalty for governance lapse; ongoing board composition issue pending government appointment of Independent Directors. Limited direct earnings impact.