Hindustan Zinc Limited — Others, 18-03-2025: Action(s) taken or orders passed

Hindustan Zinc has announced a board meeting regarding the imposition of a fine totaling ₹10.85 crore (including GST) from BSE and NSE due to non-compliance with SEBI regulations regarding the composition of its Board of Directors, specifically the number of Independent Directors. The company is actively engaging with the Ministry of Mines to rectify this situation. While the financial impact of the fine may be minimal, this development could affect investor sentiment, with potential risks related to governance and compliance highlighted in the market. Overall, this situation presents a cautious outlook for stakeholders.