Penalty On Oil PSUs For Failure To Appoint Independent Directors And Women Directors
For the fourth consecutive quarter, state-owned oil and gas companies, such as IndianOil, ONGC, and GAIL (India), have been penalised for not having a sufficient number of Directors on their Boards in accordance with listing criteria.
Oil PSUs Penalised For Delay In Appointing Independent Directors And Woman Director
The BSE and the NSE have fined large public-sector oil companies for not meeting the norms regarding Directors appointments on their respective Boards.
