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IOC, GAIL, ONGC fined for third straight quarter for failure to appoint directors

In separate filings, the companies detailed the fines imposed by the BSE and NSE for either not having the requisite number of independent directors or the mandated women director in the third quarter ended December 31, 2023. ....

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IOC, GAIL, ONGC Fined For Failure To Appoint Directors

IOC, GAIL, ONGC Fined For Failure To Appoint Directors
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GAIL: IOC, GAIL, ONGC fined for third straight quarter for failure to appoint directors

State-owned oil and gas companies, including IndianOil, ONGC, and GAIL (India), have been fined for the third consecutive quarter for not meeting listing norm requirements regarding the number of directors on their board. The fines, totaling Rs 32.5 lakh, were imposed by stock exchanges for the quarter ended December 31, 2023. ....

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IOC, GAIL, ONGC fined for third straight quarter

State-owned oil and gas giants including IndianOil, ONGC and GAIL (India) have been slapped fines for the third straight quarter for failing to meet listing norm requirements of having the requisite number of directors on their board.

Stock exchanges have fined oil refining and fuel marketing ....

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