LatestAccounting And Audit 23 July 2026
India NFRA Update
The National Stock Exchange of India Limited has detailed a fine calculated at ₹5,000 per day for 92 days of non-compliance, the Shipping Corporation of India Ltd legal head is moving to NFRA, the fine was imposed due to non-compliance with certain regulations, the company is taking steps to rectify the situation
The Shipping Corporation of *India* Ltd is experiencing a significant change in leadership as its legal head moves to the *NFRA*. The move comes after the National Stock Exchange of India Limited imposed a fine on the company for non-compliance with certain regulations. The fine was calculated at ₹5,000 per day for 92 days of non-compliance. Key points about the situation include:
- The fine was imposed due to non-compliance with certain regulations
- The company is taking steps to rectify the situation
- The legal head's move to *NFRA* is a significant change in leadership
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.