New Delhi : Petronet LNG Limited has paid penalties imposed by India’s stock exchanges for non-compliance with corporate governance norms under the Securities and Exchange Board of India (SEBI) regulations for the quarter ending December 31, 2025.
The fines were levied by BSE Limited and National Stock Exchange of India after the company delayed compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which relates to board governance disclosures.
According to the company, the penalties have now been fully settled.
Penalty Details
- BSE Limited: ₹1,77,000 payable; ₹1,74,000 paid on March 12, 2026
- National Stock Exchange of India: ₹1,77,000 payable; ₹1,74,000 paid on March 12, 2026
In a regulatory update, Petronet LNG stated that the issue of non-compliance and the corrective actions taken will be placed before the Board of Directors at its next meeting. Any observations made by the board will subsequently be communicated to the exchanges.
Rajan Kapur, General Manager (GGM) and President – Company Secretary, confirmed that the company’s promoters were informed about the delayed compliance on March 5, 2026. He reiterated the company’s commitment to maintaining transparency and adhering to SEBI’s corporate governance requirements.
Petronet LNG operates major liquefied natural gas import terminals at Dahej LNG Terminal and Kochi LNG Terminal and plays a significant role in strengthening India’s LNG infrastructure and energy security.