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Hilton Metal Forging LimitedOthers, 19-03-2025: Action(s) taken or orders passed

19-03-2025 · 12:26 pm

Hilton Metal Forging Limited has received notices from BSE and NSE for non-compliance with the SEBI Listing Regulations pertaining to board composition for the quarter ended 31st December 2024. The company is subject to a penalty totaling ₹1.06 lakh due to this violation. However, it confirmed compliance with the requirements effective from 19th October 2024, demonstrating proactive governance. While the financial impact is minimal, this incident may raise concerns among investors regarding adherence to regulatory standards, potentially influencing market sentiment in terms of trust and compliance.

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