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Indian Railway Finance Corporation Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. The company was fined Rs. 14.51 lakh for non-compliance in board composition but confirmed no financial or operational impact. Director appointments are managed by the Ministry of Railways. IRFC has sought a waiver of the fine, referencing prior similar waivers and continued efforts to align with governance standards.
All announcements from Indian Railway Finance Corporation Limited