Hindustan Aeronautics (HAL) — Board Meeting

Hindustan Aeronautics Limited disclosed that NSE and BSE imposed Rs. ₹5.62 crores penalties each for Q3 2024 non-compliance with SEBI LODR norms on board composition and committee formation due to insufficient independent directors. The company, as a government entity under the Ministry of Defence, is awaiting appointments and has sought fine waivers under SEBI SOP Circular 3(a), noting no immediate financial impact if waivers are denied.

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About Hindustan Aeronautics Limited (HAL)

Capital Goods · Aerospace & Defense · Listed on NSE

Market Cap: ₹2,93,338.09 Cr P/E: 33.7

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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