Tara Chand InfraLogistic Solutions Limited's Board of Directors met on May 7, 2026, to discuss a notice from the National Stock Exchange of India Limited (NSE) dated November 28, 2025. The notice pertained to non-compliance with Regulation 17(1A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, concerning the continuance of directorship by a Non-executive Director who had attained the age of 75 years for the quarter ended September 30, 2025. The Board acknowledged that the delay in compliance was inadvertent and unintentional. They emphasized the need for greater diligence and strict adherence to all regulatory requirements going forward. The company has paid the fine levied by the NSE, amounting to ₹6,000 plus ₹1,080 GST, totaling ₹7,080. The Board also recorded that the company has always strived to comply with regulatory provisions and has initiated steps to strengthen internal compliance systems to prevent future occurrences. The NSE's notice, issued on November 28, 2025, had drawn attention to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, regarding fines for non-compliance. The annexure to the NSE notice detailed a fine of ₹6,000 for 3 days of non-compliance with Regulation 17(1A) for the quarter ended September 30, 2025, with an additional GST of ₹1,080, making the total payable ₹7,080.
