Mangalore Refinery and Petrochemicals has informed that the Company has received Notice from BSE and National Stock Exchange of India (NSE) for non-compliance of provisions of Regulation 17 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) for not having required number of Independent Directors on the Board for the quarter ended December, 2023 and consequent levy of fine as per the details enclosed.
The above information is a part of company’s filings submitted to BSE.