NSE, BSE impose fine on MTNL over non-compliance with Sebi rules
By
Binu Mathew
State-run telecom firm Mahanagar Telephone Nigam Ltd has been penalised by stock exchanges NSE and BSE for non-compliance with respect to composition of the board as per SEBI norms, the company said in a regulatory filing.
The company, in its filing on Saturday, had said that both the exchanges had imposed a fine of ₹6.73 lakh each on the company for non-compliance.
