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NACL Industries Receives NSE Warning for Regulatory Non-Compliance

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NACL Industries Receives NSE Warning for Regulatory Non-Compliance

NACL Industries Ltd ( (IN:NACLIND) ) just unveiled an update.

NACL Industries Limited has received a warning letter from the National Stock Exchange of India due to non-compliance with Regulation 18(2)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company failed to meet the required frequency of audit committee meetings, allowing more than 120 days to elapse between meetings. This non-compliance is taken seriously, and NACL Industries is advised to implement corrective measures to prevent future lapses, ensuring adherence to regulatory requirements.

More about NACL Industries Ltd

NACL Industries Limited operates in the chemical industry, focusing on the production of agrochemicals and other chemical products. The company serves a diverse market, including agricultural clients, with a commitment to sustainability practices.

YTD Price Performance: 3.63%

Average Trading Volume: 34,564

Current Market Cap: 13.89B INR

See more data about NACLIND stock on TipRanks’ Stock Analysis page.

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