Tax & Penalty25 Aug 2026, 07:50 pm
National Aluminium Fined ₹14.3 Lakh by BSE for Non-Compliance
AI Summary
National Aluminium Company Ltd has been fined ₹14,31,340 by the Bombay Stock Exchange (BSE) for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, during the quarter ended June 30, 2026. The specific violations relate to regulations concerning board composition and other listing requirements. The company has stated that the financial impact is limited to the fine amount, including 18% GST. National Aluminium is in the process of representing its position to the BSE regarding the identified non-compliances.
Key Highlights
- BSE imposed a fine of ₹14,31,340 on National Aluminium.
- Fine is for non-compliance with SEBI LODR Regulations.
- Violations occurred during the quarter ended June 30, 2026.
- Company is preparing a representation to BSE.
- Financial impact is limited to the fine amount.
Price Impact
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