Chennai Petroleum Corporation Ltd

⚠️ CPCL Faces Fines for Board Non-Compliance – Key Details

- CPCL received notices from BSE/NSE on 28.11.2025 for SEBI LODR Regulation 17(1) breach

- Failed to appoint Woman Independent Director by 30th September 2025 quarter

- Fined ₹5,42,800 by both exchanges (total ₹10.85L)

- CPCL states appointments require MoP&NG (Govt of India) approval

- Company claims no negligence, regularly follows up with ministry

- Previous waiver requests for similar fines were partially approved