Ravinder Heights Ltd
⚠️ Ravinder Heights Ltd Fined by NSE & BSE Over Director Appointment
- Fines of ₹75,520 each imposed by NSE and BSE, including 18% GST, for the period November 12, 2025, to December 13, 2025.
- Alleged violation: Not obtaining prior shareholder approval before appointing Mr. Chander Mohan Mehra, an Independent Director over age 75.
- Company's response: Shareholder approval was obtained via postal ballot on December 14, 2025, within the allowed 3-month window under Regulation 17(1C).
- Mr. Mehra's appointment was approved by the board on November 12, 2025, effective immediately for a 5-year term.
- No material financial or operational impact from the fines reported; company states it followed all regulatory procedures.