Mishra Dhatu Nigam Limited Receives Fines from BSE and NSE for Quarterly Non-Compliance
Mishra Dhatu Nigam Limited (MIDHANI) has confirmed receiving fines from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) related to non-compliance identified for the quarter that ended on March 31, 2026.The company stated that both stock exchanges levied a fine of Rs. 4,95,600/- each, inclusive of GST, concerning non-compliance with regulations.
The financial details of the fines are summarized below:
| Stock Exchange | Amount of Fine | Period Covered |
|---|---|---|
| BSE Limited | Rs. 4,95,600/- | Quarter ended March 31, 2026 |
| NSE India Limited | Rs. 4,95,600/- | Quarter ended March 31, 2026 |
MIDHANI confirmed that the company plans to submit a request for fine waiver to NSE and BSE. This request aligns with established policy procedures for exemption of fines due to the impossibility of compliance.
The company emphasized that the fines levied by NSE and BSE do not impact the financial, operational, or other activities of Mishra Dhatu Nigam Limited.
MIDHANI Stock Price Movement
On Wednesday, Mishra Dhatu Nigam Limited shares edged higher to close at ₹416.45, gaining 0.45% for the day. The stock traded on a robust volume of 691,060 shares, signaling continued interest as the market settled.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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