RailTel Gets ₹10.62 Lakh Fine from NSE and BSE for Board Compliance Issue

New Delhi: RailTel Corporation of India Limited has been fined by both the National Stock Exchange (National Stock Exchange of India Limited) and BSE Limited (BSE Limited) for not following rules related to its board of directors.

Each exchange has imposed a fine of ₹5,31,000 (including GST). In total, RailTel will pay ₹10,62,000. The penalty is for the quarter ending March 31, 2026.

Why the Fine Was Imposed

The fine was given because RailTel did not fully meet SEBI rules under Regulation 17(1). This rule is about having the required number of directors, including independent directors, on the company board.

Company’s Explanation

RailTel said the issue was not in its control. It is a government company, and all its directors are appointed by the Government of India through the Ministry of Railways.

The company said it has already requested the ministry several times to appoint the required directors, but the appointments are still pending.

Financial Impact

RailTel said the fine will not affect its business or financial performance.