India Tourism Development Corporation Limited (ITDC) has addressed a non-compliance issue observed in its Integrated Governance Report (IGR) for the quarter ended September 30, 2025. This non-compliance pertains to not having the minimum number of directors and the requisite number of independent directors, including a woman independent director, on the ITDC Board. The matter was placed before the ITDC Board in its meeting held on December 16, 2025. The Board noted that the appointment of directors is made by the Government of India through the Administrative Ministry, and therefore, ITDC is not at fault. Consequently, the company intends to seek a waiver of the penalties imposed by the National Stock Exchange (NSE). ITDC is actively following up with the concerned appointing authority. Once compliance is achieved, a formal request will be submitted to the exchange for the waiver of the imposed fine. This follows up on a previous letter dated December 3, 2025, in response to the NSE's email dated November 28, 2025, regarding the fine for non-compliance under SEBI (LODR) Regulations, 2015.