NSE Waives Fines on POWERGRID for SEBI LODR Non-Compliance Across Multiple Quarters
While the specific amount of the waived fines is not disclosed, the resolution of several regulatory non-compliance issues by a major exchange like NSE is a significant positive for the company's compliance record and operational standing, hence a medium impact.
The waiver of fines by NSE for past non-compliance is a positive development for the company, as it resolves multiple regulatory issues and potentially avoids financial penalties.
* Power Grid Corporation of India Limited (POWERGRID) announced on 13 September 2025 that the National Stock Exchange of India Limited (NSE) has favorably considered its request for waiver of fines. * These fines were previously levied by NSE for delays in compliance with various SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarters ended 31 December 2024, 31 March 2025, and 30 June 2025. * POWERGRID had been actively pursuing the waiver with NSE and BSE. * The waiver has been granted for non-compliance related to the following regulations for the specified quarters: * Regulation 17(2A) - Quorum of the Board Meeting: For quarters ended 31 December 2024 and 31 March 2025. (Note: fine was not levied for the quarter ended 30 June 2025 for this regulation). * Regulation 18(1) - Audit Committee: For quarters ended 31 December 2024, 31 March 2025, and 30 June 2025. * Regulation 19(1) - Nomination and Remuneration Committee: For quarters ended 31 December 2024, 31 March 2025, and 30 June 2025. * Regulation 20(2)/(2A) - Stakeholders Relationship Committee: For quarters ended 31 December 2024, 31 March 2025, and 30 June 2025. * Regulation 21(2) - Risk Management Committee: For quarters ended 31 December 2024, 31 March 2025, and 30 June 2025.
What to do with a filing like this
Power Grid Corporation of India Limited filed this with the NSE as a statutory disclosure, categorised under regulatory filings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Power Grid Corporation of India Limited. Read the original for the full detail.