SJVN Ltd

⚠️ SJVN Ltd Fined ₹5.4L by Stock Exchanges for Board Non-Compliance

• Total fine of ₹542,800 (includes 18% GST) imposed by BSE and NSE

• Non-compliance with SEBI Regulation 17(1) on board composition

• Fine breakdown: ₹460,000 for 92 days of non-compliance in Q4 2025, plus ₹82,800 GST

• SJVN is a government company—board appointments made by the President of India via Ministry of Power

• Company has requested expedited appointments of Independent Directors from Ministry of Power and Himachal Pradesh government

• Failure to pay fines within 15 days may lead to freezing of promoter shareholdings and potential suspension of trading