Ircon International Ltd Regulatory Fines and Management Changes

NSE/BSE fined IRCON ₹9.77 lakh each on Feb 27 for SEBI LODR non-compliance on board composition in Q2 FY26. Board defended due to government appointment delays; Shri Dunne Bujji ceased as ED on Feb 28. Shri Sudhir Singh designated as Key Managerial Personnel (26+ years railway experience). Trading window closed from Jan 1, 2026, post-results.