Andrew Yule & Company Ltd — Important, 26-08-2026: Company Update

The company has received a notice from BSE imposing a fine of Rs.5,36,900/- for non-compliance regarding the number of independent directors on its board. The company has requested BSE to waive this fine, explaining that as a Central Public Sector Enterprise, the President of India appoints its directors. The company is actively working with its administrative ministry to appoint the necessary independent directors to ensure compliance with board composition requirements.