Bharat Coking Coal director Murlikrishna Ramaiah steps down

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Murlikrishna Ramaiah ceased as Director (Human Resources) on August 31, 2026
  • Departure attributed to superannuation per regulatory disclosure
  • Filing made under Regulation 30 of SEBI LoDR Regulations 2015
  • Intimation signed by Company Secretary Debanuj Debnath
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Bharat Coking Coal has informed stock exchanges that Murlikrishna Ramaiah ceased to serve as Director (Human Resources) effective August 31, 2026. The departure follows his attainment of the age of superannuation.

The company issued the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The filing was submitted to both the Bombay Stock Exchange and the National Stock Exchange of India.

Key Details

  • Reason for change: Superannuation
  • Date of cessation: August 31, 2026
  • Role relinquished: Director (Human Resources)

Debanuj Debnath, Company Secretary and Compliance Officer, signed the intimation dated September 1, 2026. The document references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

Historical Stock Returns for Bharat Coking Coal

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-3.66%-0.82%+2.90%0.0%0.0%

Who has been appointed or is being considered as the successor to the Director (Human Resources) role at Bharat Coking Coal?

How might this leadership transition in HR impact the company's ongoing talent retention strategies and organizational culture?

Are there any pending regulatory compliance reviews or internal audits related to the previous tenure that could affect future governance reporting?

Bharat Coking Coal fined ₹11.13 lakh each by NSE and BSE for compliance lapses

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Bharat Coking Coal fined ₹11,12,740 by both NSE and BSE for Q4FY26 compliance lapses
  • Violations cited include breaches of Regulations 17(1), 18(1), 19(1)/19(2), and 20(2)/(2A)
  • Base fine of ₹9,43,000 per exchange increased by 18% GST to reach total penalty
  • Company commits to taking necessary steps to ensure future regulatory compliance
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Bharat Coking Coal received penalty notices from the National Stock Exchange of India Limited (NSE) and BSE Limited on August 25, 2026. The fines relate to non-compliance with SEBI Listing Obligations and Disclosure Requirements (LODR) regulations for the quarter ended June 30, 2026.

The company disclosed the penalties in a filing dated August 26, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015. The notices cite violations of Regulations 17(1), 18(1), 19(1)/19(2), and 20(2)/(2A).

Penalty Breakdown

Each stock exchange levied identical fines. The base fine was ₹9,43,000 per exchange. An 18% Goods and Services Tax (GST) of ₹1,69,740 was added to this amount.

Particulars NSE BSE
Total fine ₹9,43,000 ₹9,43,000
GST @ 18% ₹1,69,740 ₹1,69,740
Total fine inclusive of GST ₹11,12,740 ₹11,12,740

The total financial impact from these regulatory actions amounts to ₹22,25,480 when combining the penalties from both exchanges.

Compliance Response

Bharat Coking Coal stated it is taking necessary steps to ensure compliance with applicable provisions of the SEBI (LODR) Regulations, 2015. The company confirmed it will take appropriate action in accordance with the directions contained in the notices.

Debanuj Debnath, Company Secretary & Compliance Officer, signed the disclosure.

Historical Stock Returns for Bharat Coking Coal

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%-3.66%-0.82%+2.90%0.0%0.0%

Will Bharat Coking Coal implement specific internal governance reforms or hire additional compliance staff to prevent future LODR violations?

How might this regulatory penalty impact the company's credit ratings or its ability to raise capital in the near term?

Are there indications that other public sector undertakings (PSUs) in the energy sector are facing similar scrutiny regarding SEBI disclosure timelines?

More News on Bharat Coking Coal

1 Year Returns:0.00%