Global Vectra Helicorp (GLOBALVECT) — Announcement

Global Vectra Helicorp Limited disclosed multiple NSE notices regarding non-compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulation 17(1) due to having fewer than six directors on its board for several quarters ending June 2024 through March 2026. The company consistently responded that non-appointment of directors stems from pending security clearance from the Ministry of Civil Aviation, which is mandatory for board appointments under civil aviation rules. It has paid processing fees for waiver applications and requests NSE to waive imposed fines, emphasizing compliance difficulties are beyond its control and requesting expedited processing of the sixth director appointment.

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About Global Vectra Helicorp Limited (GLOBALVECT)

Services · Air Transport Service · Listed on NSE

Market Cap: ₹200.55 Cr ROE: -163.3% ROCE: -8.9%

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