Archive · 27 Oct 2025

NALCO Shares Rise Despite Exchange Fine

NALCO Shares Rise Despite Exchange Fine

NALCO, a big company that digs up materials needed to make aluminium, saw its shares go up a little bit.

However, stock exchanges fined the company because it didn't have the right people on its board, as per the rules.

NALCO is fighting this, saying the government is responsible for appointing board members, not them.

They've asked for the fine to be canceled and are working to get the right people on the board.

Sources