Key Developments
Previous Communication Reference
The disclosure references the company's previous intimations dated 8th October, 2026 regarding penalties levied by NSE.
Current Communication Details
The company received communications by email from NSE on 12th October, 2026 regarding financial disincentives concerning rationalisation and standardisation of penalties levied on Trading Members.
SEBI Intervention
Securities and Exchange Board of India (SEBI) has advised, in view of representations received from market participants, that financial disincentives for specific cases be kept in abeyance until further communication from SEBI.
Specific Violation Categories Affected
The abeyance applies to financial disincentives for:
- 11(a) Liquidation of trade in "Error" account before transfer of trade in "Error" account
- 11(b) Transfer of both legs of trades to "Error" account, instead of transferring original trade to error account, followed by liquidation from error account
Financial Impact Status
The financial disincentives aggregating to Rs. 6,00,000/- (Rupees Six Lakh only) reported on 8th October, 2026 will be kept in abeyance, pending further communication from SEBI.
Future Disclosure Commitment
The company will make further disclosures upon receipt of any subsequent communication or clarification from relevant authorities.
Exchange Registration Details
- National Stock Exchange - CLG. No. 08524, Sebi Regn. No. INZ 000234739
- National Stock Exchange-F & O-CLG. No. 08524, Sebi Regn. No. INZ 000234739
- The Stock Exchange, Mumbai - CLG. No. 194, Sebi Regn. No. INZ 000234739