Share India Securities Limited has informed the Exchange about Action(s) initiated or orders passed
SHAREINDIA · price
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Share India Securities Limited has informed the exchanges that NSE levied a monetary penalty of Rs. 1,18,000 (including IGST of Rs. 18,000) on the company. The penalty relates to an inadvertent increase in open positions in the underlying security IEX on July 24, 2025, while the stock was in a ban period, violating NSE Circular no. NSCC/F&O/C&S/365 dated August 26, 2004. The invoice for the penalty was generated on July 24, 2025. The company has stated this was a routine matter in the ordinary course of its stock broking operations and has no material impact on its financials, operations, or other business activities.
The penalty amount is small (Rs. 1.18 lakh) and the company confirms no material impact on financials or operations. Shareholders are unlikely to see any meaningful effect on the stock price from this routine compliance matter.