Murudeshwar Ceramics Limited — Important, 29-05-2025: General Updates

Murudeshwar Ceramics Ltd has announced a board meeting to review the financial results for the quarter and half-year. The company faces a fine of Rs. 1.20 lakh from BSE and NSE over appointing a non-executive director above 75 years, which the board contests and has sought a waiver for. Ongoing non-compliance could lead to promoter shareholding freeze and trading restrictions. The matter is under active review with exchanges.