RailTel Corporation of India Limited has been levied a fine of ₹5,42,800/- (inclusive of GST) each by the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). This action is due to non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically concerning the composition of the Board for the quarter ended December 31, 2025. The company stated that the non-compliance regarding Board composition is beyond its control. As a Government Company, RailTel's directors, including independent directors, are appointed by the President of India through its Administrative Ministry, the Ministry of Railways (MoR). RailTel has no role in the appointment process and has repeatedly requested the MoR to appoint the requisite number of directors. The fines were communicated via BSE email dated February 27, 2026, received on March 2, 2026, and NSE letter no. NSE/LIST-SOP/COMB/FINES/0215 dated February 27, 2026, also received on March 2, 2026. Both authorities cited non-compliance with Regulation 17(1) of SEBI LODR for the quarter ended December 31, 2025. RailTel has disclosed that these fines have no impact on its financial, operational, or other activities.
