NSE Clearing levies Rs 1 lakh penalty on Share India for MWPL violation
SHAREINDIA · price
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On the reaction day the stock moved in line with Nifty Microcap 250 and 0.4 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NSE Clearing Limited has levied a monetary penalty of Rs 1,00,000 (plus Rs 18,000 GST) on Share India Securities for a Market Wide Position Limit (MWPL) violation in the ordinary course of stock broking operations. The invoice was made available on the NSE portal on August 6, 2026. The company states the penalty has no material impact on financials, operations, or other business activities and is committed to upholding compliance standards.
Minor penalty with no material impact on financials or operations. Routine compliance issue in stock broking.