BSE, NSE impose over Rs 59 lakh penalty on NTPC, SJVN, REC for non-compliance

The BSE and NSE have imposed financial penalties exceeding Rs 59 lakh on three public sector power companies: NTPC, REC, and SJVN. The fines are due to violations related to board composition listing regulations. In their defense, the companies argue that the appointment of directors falls under pre…