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SMCGLOBALNSESMC Global Securities Limited· Capital MarketsHighNegative
Announced Tue, 9 Sept, 2025 · 19:49 IST

NSE imposes Rs 21.30 lakh penalty over client reversal trades

Sebi PenaltyRegulatory & Legal View source PDFExplain this filing

SMCGLOBAL · 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
-0.7%Reaction day
₹68.00
prior close
₹67.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.4%-1.2% vs market
Stockbroking & Allied peers, median of 34sector+0.6%-1.3% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.3 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.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+1.7
10m
+1.7
15m
+1.6
30m
+1.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.7+0.4-1.2+0.6-1.3
Next day
+1.3+0.3+0.9+0.2+1.0
2d
+0.9+0.3+0.6+0.6+0.3
3d
+1.5+1.0+0.5+1.5-0.0
4d
+1.8+1.6+0.3+1.7+0.1
5d
+1.8+2.2-0.4+2.1-0.3
1w
+4.3+2.3+2.0+1.8+2.5
15d
+2.0-2.1+4.1-0.1+2.1
1m
+3.7-0.7+4.4-1.1+4.8
2m
+0.7-1.0+1.8+0.0+0.7
3m
+8.8-6.3+15.1-2.1+10.9
UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 34Pending

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

AI summary

NSE levied a penalty of ₹21,30,878 on the company for close-out differences in reversal trades executed by some clients from April to July 2023 in the equity derivatives segment. The order was dated September 9, 2025. The company says the issue is operational and does not affect its financial stability, business continuity or client services. It has also strengthened internal monitoring.

Likely market impact

The penalty is a negative regulatory development, but the company says financial stability and client services remain unaffected.