NTPC Fined ₹10.7 Lakh by BSE/NSE for Governance Non-Compliance

NTPC Ltd has received notices from BSE and NSE imposing a fine of ₹5,36,900 (inclusive of GST) each for the quarter ended June 30, 2026. The fines are due to non-compliance with Regulation 17(1) of the Listing Regulations concerning the appointment of independent directors. NTPC has responded by stating its status as a Government Company, where director appointments vest with the President of India via the Ministry of Power. The company has requested the stock exchanges to waive the fines and is actively pursuing the appointment of requisite independent directors with the Ministry of Power. The matter will be placed before the Board of Directors for information.