FilingReader Intelligence
NALCO seeks waiver of $12,000 exchange fines
July 17, 2025 at 05:17 PM UTC•By FilingReader AI
National Aluminium Company Limited received fines of INR 1,003,000 each from BSE and NSE for non-compliance with corporate governance regulations in the quarter ended March 31, 2025.
The state-owned company has requested penalty waivers, arguing that independent director appointments are controlled by the President of India, making compliance beyond its control.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:NATIONALUM•Bombay Stock Exchange
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