National Stock Exchange Imposes Fine on Wise Travel India Ltd Over Financial Results Compliance
Wise Travel India Limited has faced a fine imposed by the National Stock Exchange of India (NSE) concerning non-compliance and delayed submission of financial results related to the quarter ending March 31, 2026. The company confirmed that it is currently pursuing a waiver for the levied penalty following the incident.The NSE issued the notice regarding the alleged lapse in compliance with regulations pertaining to financial reporting on June 30, 2026. The observations detailed procedural lapses during the electronic filing process related to the audited financial results for the quarter ended March 31, 2026.
The regulatory action resulted in a fine of ¥1,45,000/- plus applicable GST, bringing the aggregate amount to ¥1,71,100/-. The company stated that apart from the monetary implication of the fine, there is no material impact on its financial or operational activities.
Wise Travel India Limited confirmed that the audited financial results had been duly approved by the Board of Directors and disseminated to the Exchange. Management has since completed all requisite compliances and submitted an application to the NSE seeking a waiver of the fine, which is currently under consideration by the Exchange.
Details of the imposition are as follows:
| Authority | Nature of Action Taken | Date of Receipt of Direction/Order | Details of Violation Committed | Impact on Entity (Monetary) |
|---|---|---|---|---|
| National Stock Exchange (NSE) | Notice levying a fine under the SOP for non-compliance/delayed compliance with Regulation 33 of SEBI (LODR) Regulations, 2015. | June 30, 2026 | Non-compliance/delayed compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015 in relation to submission of financial results for the quarter ended March 31, 2026. | NSE levied a fine of ¥1,45,000/- plus applicable GST (aggregate %1,71,100/-). |
WTICAB Stock Price Movement
On Wednesday, shares of Wise Travel India Limited rallied on the close, settling at ₹112.85 after gaining 7.48%, driven by strong market sentiment. The stock movement occurred within the day's trading range, with volumes tallying 44,500 and reaching a daily low of ₹107.9.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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