Announced Tue, 14 Jul · 16:52 IST
SJVN board responds to exchange fine for board composition gap
SJVN · 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
-0.4%1-day move
₹70.33
prior close
₹70.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.1+0.2+0.3-0.4-1.8-1.8-2.5-2.3-3.8————
Up moveDown movePending
AI summary
SJVN received notices from BSE and NSE imposing fines of Rs 5.76 lakh (including GST) for non-compliance with SEBI LODR rules during the quarter ending March 2026. The gaps relate to board composition (including a woman director) and audit committee constitution. SJVN told the exchanges that director appointments are handled by the central government through the Ministry of Power, and that the government is in the process of filling these positions soon.
Likely market impact
Small fine relative to company size; key risk is potential Z-group reclassification and trading suspension if next quarter is also non-compliant.