National Stock Exchange of India Limited and BSE Limited (collectively referred to as "stock exchanges") had imposed a penalty of INR 6,10,060 (inclusive of GST) each on New Delhi Television Limited for alleged non-compliance with the requirements pertaining to the composition of the Board, Audit Committee and the Nomination and Remuneration Committee, pursuant to Regulations 17, 18 and 19 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, during the quarter ended March 31, 2023. In accordance with the SEBI SOP Circular dated January 22, 2020, the aforesaid non- compliances identified by the stock exchanges and the penalties levied thereby were presented before the Board of Directors of the Company ("Board") at their meeting held on July 27, 2023, wherein, the Board observed that the Company had duly filled the vacancies which arose on account of change of control of the Company within the time period of three (3) months granted by SEBI under Regulation 25(6) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 read with Rule 4 of the Companies (Appointment and Qualification of Directors) Rules, 2014. The Company has accordingly filed an application with the stock exchanges seeking waiver of aforesaid penalty in accordance with the Policy for Exemption of Fines levied as per the provisions of SEBI SOP Circular dated January 22, 2020.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
2,650 INR | -2.22% | -7.04% | +19.30% |
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Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
2,650 INR | -2.22% | -7.04% | 4.3B | ||
214 INR | +0.28% | -4.10% | 165M | ||
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+19.30% | 4.3B | |
+21.49% | 23.53B | |
+20.35% | 11.79B | |
+1.81% | 8.22B | |
+29.55% | 7.89B | |
-2.88% | 2.94B | |
+19.36% | 2.33B | |
-13.66% | 1.54B | |
+15.26% | 1.3B | |
-8.59% | 1.08B |
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- National Stock Exchange of India Limited and BSE Limited Imposes Penalty of INR 6,10,060 on New Delhi Television Limited