Mstc Limited (MSTCLTD) — Announcement Announcement
📢 Key Event
BSE fined MSTC Rs 5.31 lakh for board composition non-compliance
💡 Investor Takeaway
The fine reflects governance oversight but poses no financial or operational risk to shareholders.
⚠️ Risks
Request for fine waiver due to government-controlled director appointments
MSTC Limited disclosed that BSE imposed a Rs. 5,31,000 fine for non-compliance related to board composition under SEBI LODR, clarifying that the issue stems from government-appointed directors and requesting waiver as the company has no control over appointments, with no financial impact on operations.
📄 View Original Announcement (PDF)
About Mstc Limited (MSTCLTD)
Services · Commercial Services & Supplies · Listed on NSE
Market Cap: ₹2,972.64 Cr
P/E: 7.1
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.