Key Action and Authorization
The Board of National Securities Depository Limited approved, via circular resolution dated June 24, 2026, the proposal to transfer ₹50 lakhs (Rs. 50 lakhs) along with applicable interest, if any, to its Investor Protection Fund. This approval was finalized on June 25, 2026.
Reason for Payment
The payment is made on account of a technical glitch that occurred on July 26, 2023. This action is taken in terms of SEBI circular no. SEBI/HO/MRD1/DTCS/CIR/P/2021/590 dated July 05, 2021, which outlines provisions for payment of "Financial Disincentives" by Market Infrastructure Institutions.
Authority Involved
The authority referenced in the action is the Securities and Exchange Board of India (SEBI).
Financial Impact Assessment
The company explicitly states: "There is no material impact on the financial, operation or other activities of the Company in lieu of the proposed payment on account of said technical glitches."
Additional Information
The complete information is available on the company's website at https://nsdl.co.in/.
The disclosure was signed by Alen Ferns, Company Secretary & Compliance Officer (Membership No. A30633) on behalf of National Securities Depository Limited.