Announced Thu, 25 Jun · 17:24 IST
NSDL to pay Rs 50 lakh to Investor Protection Fund over 2023 glitch
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹881.50
prior close
₹880.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.5-0.6-0.2-3.1-3.2-3.2-3.0-3.0-5.8-5.9———
Up moveDown movePending
AI summary
NSDL board approved transferring Rs 50 lakhs plus applicable interest to its Investor Protection Fund as a financial disincentive under a SEBI circular on Market Infrastructure Institutions, relating to a technical glitch that occurred on July 26, 2023. NSDL has stated there is no material impact on its financial or operational activities from this payment.
Likely market impact
Negligible financial impact; signals compliance with SEBI norms and addresses a past operational lapse from 2023.