GRSE Fined By NSE, BSE For Board-Level Non-Compliance

GRSE Fined By NSE, BSE For Board-Level Non-Compliance
In a regulatory filing, the defence public sector company said the exchanges pointed out violations related to independent directors. These include the requirement to have enough independent directors on the board, the need for a woman independent director, and proper formation of the audit committee and the nomination and remuneration committee.