NSE Imposes Penalty of ₹5,09,000/- on Share India Securities Limited
National Stock Exchange of India Limited (NSE) has imposed a monetary penalty totaling ₹ 5,09,000/- (excluding GST) on Share India Securities Limited. The action was taken in relation to the company's stock broking operations.The NSE levied the penalty following the ordinary course of stock broking operations, as per directives issued by the Member and Core Settlement Guarantee Fund Committee (MCSGFC). Despite the imposition, the company stated that the penalty does not have a material impact on its financials, operations, or other business activities.
Details regarding the regulatory action and its implications for the listed entity are summarized below:
| Detail | Particulars |
|---|---|
| Authority Imposing Penalty | National Stock Exchange of India Limited (NSE) |
| Penalty Amount | ₹ 5,09,000/- (excluding GST) |
| Violation Context | Levy related to the ordinary course of stock broking operations as per MCSGFC directives. |
| Financial Impact | No impact on the financials, operations, or other activities of the Company. |
The process involving the penalty was documented with a timeline detailing the various stages. The invoice imposing the penalty on Share India Securities Limited is dated June 17, 2026. This document was made available on the NSE portal on June 22, 2026, at approximately 10:21 p.m.
SHAREINDIA Stock Price Movement
Shares of Share India Securities Limited today slipped by 1.67% to close at ₹137.47 after settling down on the listing stock. The equity saw a total traded volume of 186,307 shares as it closed for the day.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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