Railtel Corporation Of India Limited has informed the Exchange about Action(s) initiated or orders passed
RAILTEL · price
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NSE and BSE have imposed a fine of Rs. 5,31,000/- each (including GST) on Railtel Corporation for non-compliance with Regulation 17(1) of SEBI LODR regarding board composition for the quarter ended 31st March 2026. The company claims this non-compliance is beyond its control as RailTel is a Government Company where all directors are appointed by the Government of India through the Ministry of Railways. The company has repeatedly requested the Ministry to appoint the requisite number of directors including Independent Directors. The company states the fine has no financial impact on its operations.
The fine is relatively small and management states it has no financial impact. However, it reflects an ongoing governance issue where the board composition does not meet SEBI requirements, which could be a concern for investors focused on corporate governance standards.