StockWatch
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Aluminium
Regulatory28 May 2026, 05:42 pm

NALCO fined ₹10.62 Lacs by BSE & NSE for Reg 17(1) non-compliance

AI Summary

National Aluminium Company Limited (NALCO) has received notices from BSE Limited and National Stock Exchange of India Limited, dated May 27, 2026, regarding non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both exchanges have imposed a fine of ₹5,31,000/- each, totaling ₹10,62,000/- (including 18% GST) for the quarter ended March 31, 2026. The company is currently in the process of representing its position to BSE and NSE concerning the identified non-compliance.

Key Highlights

  • BSE and NSE imposed fines on NALCO for regulatory non-compliance.
  • Total financial implication for the company is ₹10,62,000 (including GST).
  • Violation relates to Regulation 17(1) of SEBI LODR for Q4 FY26.
  • Company is preparing to represent its position to the exchanges.