Oil Country Tubular Fined ₹11,800 by BSE, NSE for Late Disclosure
Oil Country Tubular Limited has announced that it has received communications from BSE Limited and the National Stock Exchange of India (NSE) imposing a fine for non-compliance with SEBI (LODR) Regula...
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Why is Oil Country Tubular Limited in the news today?
Oil Country Tubular Limited (OILCOUNTUB) is in the news due to the company received a minor fine for a procedural delay in filing a regulatory disclosure. while a non-compliance event, the impact is negligible, and the company has addressed it.
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Oil Country Tubular Fined ₹11,800 by BSE, NSE for Late Disclosure
December 17, 2025, 06:26 AM
Oil Country Tubular Limited has announced that it has received communications from BSE Limited and the National Stock Exchange of India (NSE) imposing a fine for non-compliance with SEBI (LODR) Regulations, 2015. The company was fined ₹5,900 (including GST) by each exchange, totaling ₹11,800, for a one-day delay in submitting the disclosure on Related Party Transactions under Regulation 23(9) of the Listing Regulations.
The company stated that the delay was unintentional and that it has since complied with the disclosure requirements. Oil Country Tubular Limited has also taken steps to strengthen its internal compliance controls to prevent future occurrences of such instances. The announcement, dated December 17, 2025, also noted that the violation has no quantifiable impact on the company's financial, operational, or other activities beyond the penalty amount itself.
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