Date: 14.07.2026

Board Meeting Outcomes

  • The ITDC Board discussed non-compliance issues regarding SEBI (LODR) Regulations 2015 in its meeting held on 30.06.2026
  • The non-compliance specifically relates to Rules 17 to 19 of SEBI (LODR) 2015 regarding minimum number of directors and requisite number of Independent Directors including woman Independent Director
  • The Board observed that directors are appointed by the Government of India through the Administrative Ministry
  • The Board determined there is no fault of ITDC and therefore can seek waiver of penalties

Regulatory Compliance Status

  • The non-compliance was identified through the Integrated Governance Report Filing for the Quarter ended 31.03.2026
  • The exchange had previously communicated about fines due to non-compliance via email dated 27.05.2026
  • ITDC responded to the exchange via letter dated 10.06.2026
  • The company is currently following up with the concerned appointing Authority to achieve compliance
  • Once compliance is achieved, ITDC will submit a formal request to the exchange for waiver of the imposed fine

Correspondence Details

  • Exchange Reference: SEC:COORD:134
  • Addressed to: Listing Compliance Department, National Stock Exchange of India Limited
  • Exchange Address: Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai-400051