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POWERGRID incurred total fines of Rs. 0.23 Cr from BSE and NSE for not meeting board and committee composition requirements due to insufficient independent directors.

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Power Grid Corporation of India LimitedPOWERGRID · Filed with the exchange

As a government company, appointment powers rest with the President.

POWERGRID has requested a waiver for these fines.

Read the original filing(PDF)

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