Share India Securities Limited has informed the Exchange about Action(s) taken or orders passed
SHAREINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NSE has levied a monetary penalty of Rs. 2 lakh (excluding GST) on Share India Securities Limited. The penalty was imposed for non-compliance with regulatory requirements related to non-tagging of unique identifiers for algorithmic orders. This occurred in the normal course of the company's stock broking operations. The company states the penalty does not have any material impact on its financials, operations, or business activities. The invoice was dated May 19, 2026, but was only accessible on the NSE portal on May 25, 2026, due to technical difficulties. The company has committed to taking necessary steps to address the compliance issue.
The penalty amount of Rs. 2 lakh is relatively small and the company has stated there is no material impact on financials or operations. However, it reflects a regulatory non-compliance issue related to algorithmic trading systems that investors should be aware of.