NTPC receives cautionary notices from NSE & BSE

NTPC (BSE:NTPC) announced today that it has received cautionary notices from the NSE and BSE for a non-compliance issue related to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notices pertain to a delay in disclosing the cessation of a Director (HR) on May 02, 2024, specifically failing to meet the 24-hour disclosure timeline. NTPC has stated it will review processes to ensure future compliance with these timelines and avoid recurrence of such lapses. The company clarified that the notices do not have a material impact on its financial, operational, or other activities. NTPC has committed to adhering to the compliance requirements outlined in the cautionary letters.