26-Aug-2026 13:28:39
INDIAN OIL CORPORATION LTD : CORPORATE FILING
• The company received notices from BSE and NSE on 25.08.2026 regarding non-compliance with SEBI LODR for the quarter ended 30th June 2026. • Non-compliances pertained to a shortfall in the requisite number of Independent Directors, including a Woman Independent Director. • Fines of ₹14,19,540/- each (inclusive of GST) were levied by BSE and NSE. • The company represented to BSE & NSE that as a Government Company, appointment of Directors vests with the MoP&NG, Govt. of India. • IndianOil stated that the shortfall was not due to any negligence/default and requested the fines be waived. • The company regularly takes up with MoP&NG for appointment of requisite Directors to ensure compliance. • Similar notices were received in the past and waiver requests were considered favorably.
Indian Oil Corporation Limited
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