NTPC fined ₹5.4 Lakhs by NSE & BSE for non-compliance with director appointment norms
NTPC Limited was fined ₹5,42,800 by NSE and BSE for non-compliance with director appointment regulations for the quarter ended December 31, 2025. The company is in communication with the Ministry of Power to appoint independent directors.
The fine amount is relatively small for NTPC's scale, and the issue is related to ongoing administrative processes for director appointments.
The company has been fined by stock exchanges due to non-compliance with SEBI regulations.
NTPC Limited has received notices from the National Stock Exchange (NSE) and BSE Limited (BSE) imposing a fine of ₹5,42,800 each for non-compliance with Regulation 17(1) of the SEBI (LODR) Regulations, 2015, for the quarter ended December 31, 2025.
In response, NTPC stated that as a Government Company, the appointment and removal of Directors are vested with the President of India through the Ministry of Power. The company is actively following up with the Ministry of Power for the appointment of the requisite number of independent directors to comply with the SEBI regulations. Consequently, NTPC has requested that the fine for non-compliance should not be leviable.
What to do with a filing like this
NTPC Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by NTPC Limited. Read the original for the full detail.