MOIL Limited — Important, 01-04-2025: General Updates
01-04-2025 · 03:34 pm
MOIL has received cautionary letters from both BSE and NSE regarding the late filing of an intimation for an investor/analyst meeting held on February 19, 2024. The notification was submitted just two days prior to the meeting, rather than the required advance notice. The company has reiterated its commitment to comply with disclosure norms and has taken corrective measures to ensure timely communications moving forward. No financial impact is expected from this issue. Investors may see this as a potential risk to governance practices, but the proactive steps could mitigate further concerns, supporting a positive outlook on compliance.
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