March 18, 2025 2:57 PM

Coal India requests BSE, NSE to waive penalty

Coal India Ltd (CIL) has approached the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), requesting a waiver of the penalties imposed on the company for non-compliance with SEBI’s regulations concerning the appointment of Independent Directors, including one woman director, on its Board. Both BSE and NSE have levied penalties of ₹9.7 lakh each on the state-owned coal mining giant for failing to meet the provisions outlined under the SEBI (Listing Obligations and Disclosure...