National Stock Exchange Imposes Fine on Swastik Pipe Limited for Delayed Compliance
Swastik Pipe Limited has confirmed that it will proceed with the payment of a fine levied by the National Stock Exchange of India Limited (NSE) regarding compliance matters. The penalty was imposed by the NSE following non-compliance related to specified regulations.The imposition detailed in the relevant documentation specifies the details of the action taken by the exchange. Swastik Pipe Limited has confirmed that, despite the levy, there will be no impact on the company's financial standing, operations, or other activities.
Details regarding the fine and the enforcement action are provided below:
| Detail | Information |
|---|---|
| Authority | National Stock Exchange of India Limited |
| Nature of Action | Imposition of a fine for delayed compliance concerning Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. |
| Date of Order Receipt | June 30, 2026 at 8:30 PM |
| Total Fine Amount | Rs. 5,900/- |
| Fine Breakdown | Fine amounting to Rs. 5,000/-, inclusive of GST amounting to Rs. 900/. |
The company has acknowledged the fine and announced that it will make the necessary payment to the Stock Exchange.
SWASTIK Stock Price Movement
Shares of Swastik Pipe Limited today slipped by 4.94% to settle at ₹15.4, amid a sharp decline from the previous close. The stock saw traded volume of 7,200 shares during post-market activity.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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