Yatra Online Limited has informed the Exchange regarding 'Board comments on fine levied by the Exchange'.
YATRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yatra Online's board met on September 24, 2025 and approved the appointment of Mr. Roshan Chanaka Nirmal Mendis (currently CCO and EVP at Sabre Corporation) as an Additional Non-Executive Non-Independent Director, effective September 26, 2025, subject to shareholder approval. The board also addressed fines levied by NSE and BSE for non-compliance with Regulation 17(1) of SEBI Listing Regulations, which relates to the composition of the board (including the requirement to have a woman director) for the quarter ended June 30, 2025. The total fine was Rs. 4,18,900 (including 18% GST) for 71 days of non-compliance at Rs. 5,000 per day. The company has already paid the fine within the prescribed timeline, and with the new appointment, the board composition is now in compliance with applicable regulations. The board has directed management to ensure timely compliance going forward.
The regulatory issue is fully resolved — the fine (Rs. 4.19 lakh) is small relative to the company's size and has already been paid, and the new director appointment restores compliance. This is a routine corporate governance matter and unlikely to have a material impact on the stock price.