Announced Wed, 26 Aug, 2026 · 18:12 IST
NSE and BSE fine Oil India Rs 9.66 lakh each for board composition non-compliance
OIL · price
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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹470.95
prior close
₹469.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.1+0.2-0.1+2.6+2.6+3.9+5.7+4.0+2.7+1.1-0.6——
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AI summary
Oil India was fined Rs 9.66 lakh each by NSE and BSE for quarter ended June 2026 due to non-appointment of required Independent Directors including a woman independent director, and issues with Audit and Nomination and Remuneration Committee composition under SEBI LODR Regulations. The company says there is no material financial or operational impact, attributing the gap to delays in government appointments made by the President through the Ministry of Petroleum and Natural Gas.
Likely market impact
Minor regulatory fine; no material impact on finances or operations. Compliance gap due to delayed government director appointments.