NSE and BSE levied fines totaling ₹4,48,400 on Jaiprakash Power Ventures for non-compliance with SEBI LODR Regulation 19.
The fines were for alleged violations in committee composition for the quarters ended March and June 2023.
The company has paid the fines in full, with ₹2,40,720 to NSE and ₹2,07,680 to BSE, including GST.
The disclosure confirms the financial impact is quantifiable as the fine amount but has no further operational impact.