NSE levies Rs 3 lakh penalty on Share India for non-tagging algo orders

Sebi PenaltyRegulatory & Legal View source PDF Explain this filing

SHAREINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.2%Reaction day

₹171.43

prior close

₹178.55

announcement price

In-mkt

timing

Nifty Microcap 250market+1.1%+3.1% vs market

Stockbroking & Allied peers, median of 39sector+0.6%+3.6% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.6 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

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15m

—

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.2+1.1+3.1+0.6+3.6

Next day

+5.2+2.4+2.8+0.5+4.7

+2.5+2.9-0.4+1.6+0.9

+3.2+4.2-1.0+0.9+2.3

+0.6+4.6-4.0+0.4+0.2

-2.0+4.6-6.6-0.1-1.9

-2.4+4.4-6.8+0.3-2.7

15d

+1.5+5.7-4.2-0.2+1.7

+1.5+6.6-5.1-0.6+2.1

+18.9+5.4+13.5-0.7+19.6

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UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Share India Securities received a Rs 3,00,000 penalty (excluding GST) from NSE on July 30, 2026 for non-tagging of unique identifiers for algorithmic orders during normal stock broking operations. The company says there is no material impact on financials, operations, or business activities.

Likely market impact

Minor regulatory penalty with no material financial impact. Small compliance issue unlikely to affect share price or business operations.