MSTC Limited Receives Rs 5.42 Lakh BSE Fine for Board Composition Non-Compliance in Q3FY26
Published on: March 2, 2026, 3:48 p.m. | Source: scanx.trade
MSTC Limited disclosed receiving a Rs 5,42,800 fine from BSE for board composition non-compliance during Q3FY26. The Mini Ratna PSU attributed the violation to delays in government appointments of independent directors through the Ministry of Steel, stating the issue was beyond company control. MSTC has requested fine waiver and confirmed no impact on business operations.
