NLC India Board Comments on SEBI Governance Fine

NLC India's Board addressed fines levied by stock exchanges for non-compliance with SEBI LODR Regulation 17(1).
The penalty was for failure to appoint a woman director on the board for the quarter ended December 31, 2025.
The Board advised communication with the Ministry of Coal to appoint requisite independent directors, including a woman director.
This action aims to ensure future compliance and avoid further penalties from the exchanges.