Steel City Securities Limited has informed the Exchange about Action(s) initiated or orders passed
STEELCITY · price
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Steel City Securities Limited informed the exchange that NSE has imposed a penalty of Rs. 5,000 during a limited purpose Offsite Inspection in the CM (Capital Market) Segment conducted in June 2025. The penalty was levied for delay in reporting the closure of the Company's Demat Account to the Exchange. The company has clarified that this penalty has no material impact on its operations or financials.
The penalty amount is negligible (Rs. 5,000) and the company has confirmed no material impact, so this is a minor procedural compliance issue with no meaningful effect on shareholders or stock price.