Coal India Limited has been fined ₹5,42,800 (inclusive of GST) by the Bombay Stock Exchange (BSE) for non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended December 31, 2025. The company received the notice from BSE on February 27, 2026. The non-compliance is attributed to delays in the appointment of Board Members, which is outside the purview of CIL's management as appointments are made by the President of India. Coal India stated that it is actively following up with the Ministry of Coal for the appointment of the required number of Independent Directors. The company had previously requested a waiver for the penalty from BSE, noting that similar requests have been favorably considered in the past. The financial implication of this fine is ₹5,42,800.
