Reliable Data Services Hit With Fines Over Non-Compliance with SEBI LODR Regulations
Reliable Data Services Limited faced penalties from both the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE) following notices regarding non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The company received communication from both exchanges on May 27, 2026. These notices indicated non-compliance with specific listing requirements for the quarter ended March 31, 2026.
The core violation identified by both exchanges was Non-Compliance with Regulation 17(1) of SEBI LODR Regulations, 2015.
In total, the company was subjected to a fine of Rs. 2,59,600/- from each stock exchange.
A breakdown of the imposed penalties is as follows:
| Exchange | Violation | Fine Amount |
|---|---|---|
| National Stock Exchange of India Limited (NSE) | Non-Compliance with Regulation 17(1) | Rs. 2,59,600/- |
| Bombay Stock Exchange Limited (BSE) | Non-Compliance with Regulation 17(1) | Rs. 2,59,600/- |
The financial implications of the fines totaled Rs. 2,59,600/- each from NSE and BSE. Reliable Data Services Limited confirmed that the company is currently in the process of filing an application for the waiver of these fines.
RELIABLE Stock Price Movement
On Wednesday, Reliable Data Services Limited shares edged higher, gaining 2.84% to settle at ₹138.90. The stock found support during the session, trading a range between ₹133.81 and ₹139.95.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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