RailTel Board seeks waiver of NSE fine for non-compliance with SEBI LODR Regulations for Q1 FY26
RailTel Corporation of India Limited received a notice from NSE regarding a fine levied for non-compliance with SEBI (LODR) Regulations, 2015, pertaining to the quarter ended June 30, 2025. The compan...
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Why is Railtel Corporation Of India Limited in the news today?
Railtel Corporation Of India Limited (RAILTEL) is in the news due to while the company faced a fine for non-compliance, which is negative, the board has provided a reasoned explanation attributing the non-compliance to external factors beyond their direct control and is actively seeking a waiver, making the overall sentiment neutral as they are addressing the issue.
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RailTel Board seeks waiver of NSE fine for non-compliance with SEBI LODR Regulations for Q1 FY26
November 6, 2025, 01:47 PM
Top Queries to Ask About Railtel Corporation Of India Limited
RailTel Corporation of India Limited received a notice from NSE regarding a fine levied for non-compliance with SEBI (LODR) Regulations, 2015, pertaining to the quarter ended June 30, 2025. The company's Board of Directors, in a meeting held on October 29, 2025, discussed the matter and expressed their views:
The power to appoint Directors, including Independent Directors, on the Board vests with the President of India, acting through the Ministry of Railways.
Therefore, ensuring compliance with Regulations 17, 18, 19, 20, and 21 of the SEBI (LODR) Regulations, 2015, was beyond the company's control.
The Board has requested that the fine/penalty for the reported non-compliance be waived off.
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