Mumbai, May 18 -- In separate regulatory filings, the state-run company said its board at an adjourned meeting held on 17 May 2026, renewed and deliberated on the compliance requirements under the centre's capital restructuring guidelines for central public sector enterprises (CPSEs).

Following the review, the board decided not to buyback the shares of the company. It also chose not to recommend the issuance of bonus issue shares and rejected the proposal for splitting the company's equity share capital.

The company said the decisions were taken after examining the consolidated guidelines on general principles and mechanism for capital restructuring of CPSEs issued by the department of investment and public asset management (DIPAM) unde...