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IL&FS, Adanis penalised for breaching listing norms

MUMBAI: The National Stock Exchange on Wednesday imposed fines and issued notices to 250 companies for not adhering to the Listing Obligations and Disclosure Requirements.

Mumbai, May 15

The National Stock Exchange on Wednesday imposed fines and issued notices to 250 companies for not adhering to the Listing Obligations and Disclosure Requirements.

Among the companies penalised, were the grounded Jet Airways, subsidiary companies of the crisi-riddenn IL&FS and Adani Ports and Special Economic Zone (APSEZ, InterGlobe Aviation Ltd, the parent company of the largest airlines by market share, IndiGo, and several state owned entities. — PTI

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