Engineers India Limited — Others, 30-05-2025: Action(s) initiated or orders passed

Engineers India Limited has announced a board meeting. The company was fined Rs. 13.66 lakh each by NSE and BSE for non-compliance due to a shortfall of three Independent Directors, including a Woman Independent Director, on its board. These appointments are controlled by the Ministry of Petroleum and Natural Gas. EIL is actively engaging with the government to complete these appointments and has requested a waiver of the fines. There is no material impact on the company’s financials or operations.