Tamil Nadu Newsprint & Papers Limited has informed the Exchange about General Updates
TNPL · price
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Tamil Nadu Newsprint & Papers Limited (TNPL) held a board meeting on 27th March 2026. The Board approved the re-appointment of M/s B. Thiagarajan & Co., Chartered Accountants, as External Internal Auditors for FY 2026-27, with annual audit fees of Rs. 19.50 lakh (Rs. 12.75 lakh for Unit-I and Rs. 6.75 lakh for Unit-II) plus applicable taxes. The Board also noted that BSE and NSE each levied a fine of Rs. 4.89 lakh (total ~Rs. 9.79 lakh) for past non-compliance with Regulation 17(1) of SEBI LODR Regulations regarding board composition. The Company has confirmed that it is now compliant with the board composition requirement.
The auditor re-appointment is routine and the fee of Rs. 19.5 lakh per year is not material to TNPL's financials. The stock exchange fines, though small (~Rs. 9.79 lakh combined), flag a prior lapse in board composition compliance, but management has confirmed the issue has been resolved, limiting any negative overhang on the stock.