SHAREINDIABSESHARE IND. SECURITIES LTDHighNegative
Announced Tue, 29 Sept, 2026 · 14:45 IST

NSE Clearing imposes Rs 1 lakh penalty on Share India for MWPL violation

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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹205.80
prior close
₹205.89
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AI summary

Share India Securities has been levied a penalty of Rs 1 lakh (plus Rs 18,000 GST) by NSE Clearing Limited for violation of Market Wide Position Limit (MWPL) during the ordinary course of its stock broking operations. The invoice was made available on the NSE portal on September 28, 2026. The company states the penalty has no material impact on its financials, operations, or other business activities.

Likely market impact

Small penalty of about Rs 1.18 lakh; company says no material impact on financials or operations.