Dolat Algotech Limited Incurs Penalty of Rs. 1,18,000 for Limit Violation
Dolat Algotech Limited announced that the company received a communication regarding a penalty levy for a violation related to its Trading Member/Fund Portfolio Investor (TM/FPI) limits. The penalty was directed by NSE Clearing Limited.The penalty pertains to a TM/FPI Limit Violation, with the communication received by the company on May 14, 2026.
The company confirmed that the total penalty amounts to Rs. 1,18,000/-. This fine comprises a basic fine of Rs. 1,00,000/- plus GST amounting to Rs. 18,000/-.
The financial impact statement noted that the levied penalty does not materially affect the company’s financials, operations, or other activities, beyond the monetary penalty itself.
The details of the penalty and violation are summarized below:
| Detail | Information / Amount |
|---|---|
| Authority Imposing Penalty | NSE Clearing Limited |
| Nature of Violation | TM/FPI Limit Violation |
| Date of Direction/Order | May 14, 2026 |
| Total Penalty Amount | Rs. 1,18,000/- |
| Breakdown | Basic fine: Rs. 1,00,000/-; GST: Rs. 18,000/- |
| Financial Impact | No material impact on financials or operations (excluding the penalty amount). |
DOLATALGO Stock Price Movement
As of 12:27 PM, shares of Dolat Algotech Limited are slipping by 1.09% in live trading, currently trading at ₹78.35. The stock has seen 23,700 shares traded so far in the current session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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