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Akzo Nobel India Board Notes Fine on Delayed Compliance
Akzo Nobel India Limited
January 9, 2026, 02:36 PM
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Akzo Nobel India Limited's Board of Directors met on January 9, 2026, to discuss a fine levied by the National Stock Exchange (NSE) for delayed compliance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board acknowledged the company's clarification submitted to the NSE on December 17, 2025, regarding the non-compliance.
The Board noted that the delay of 29 minutes in submitting the required information, which occurred on the night of November 6th/7th, 2025, was temporary, technological, and inadvertent. They also observed that the information was already publicly available through the BSE submission within the stipulated timelines, suggesting no market impact.
The company had submitted a waiver application to the NSE, and the Board was informed that further updates on this matter would be provided. Akzo Nobel India reiterated its commitment to strong governance and regulatory adherence.
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