Tax & Penalty30 May 2026, 03:42 pm
Arihant Capital Markets: BSE, NSE Levy Penalties
AI Summary
Arihant Capital Markets Ltd. received monetary penalties from BSE Limited and National Stock Exchange of India Limited for non-compliances. BSE levied ₹1,20,000 for operational issues, while NSE imposed a penalty of ₹24,83,506 for alleged reversal trades. The company has taken corrective measures and states the penalties do not materially impact its financials.
Key Highlights
- BSE imposed a ₹1,20,000 penalty on Arihant Capital for operational non-compliance.
- NSE levied a ₹24,83,506 penalty for alleged reversal trades by clients.
- Arihant Capital has taken corrective actions regarding the violations.
- The company asserts the penalties will not have a material financial impact.
- Revised disclosure submitted superseding the earlier disclosure dated 28 May 2026.
Price Impact
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