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BSE, NSE impose over ₹59 cr penalty on NTPC, SJVN, REC for non-compliance
Stock exchanges BSE and NSE together imposed penalties totalling Rs 59.14 crore on public sector power companies NTPC, REC and SJVN for breach of norms. NTPC, in a regulatory filing, said the company has received notices from BSE and NSE with each imposing a penalty of Rs 5,36,900 (inclusive of GST) on account of non-compliance with Regulation 17(1) of the listing regulations. In its reply to the exchanges, NTPC said it is a government company and "as per the Articles of Association of the Comp…
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