INDHOTELThe Indian Hotels Company Limited
Indian Hotels receives a ₹10 lakh penalty from the BMC for a missing NOC
- Legal
- Hotels
The Indian Hotels Company Limited has told the exchanges that it received an order from the Office of the Assistant Commissioner (Estates) of the Brihanmumbai Municipal Corporation (BMC) on 15 Oct 2026. The order levies a penalty of ₹10,00,000, or ₹10 lakh.
The filing gives the violation as the lack of a No Objection Certificate (NOC) from the BMC Estate Department, even though the company had obtained an amended approval plan from the BMC Building Department.
The company says the order has no material financial implication. It made the disclosure under Regulation 30 of the SEBI Listing Regulations, and the filing does not say which property the order relates to.
Inference
The penalty is ₹10 lakh, and the company says the order has no material financial implication. The filing shows the dispute is about a missing NOC from the BMC Estate Department, even though the company had an amended approval plan from the BMC Building Department.
The filing does not say which property is involved, whether the company will contest the order, or whether anything further is required to resolve the missing NOC. The company made the disclosure under Regulation 30 of the SEBI Listing Regulations, which covers events a listed company must report.
Reference: Original filing (PDF)
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