Tax & Penalty26 Aug 2026, 11:21 am
National Aluminium Fined ₹14.3 Lakhs by NSE for SEBI LODR Non-Compliance
AI Summary
National Aluminium Company Ltd (NALCO) has been fined ₹14,31,340 by the National Stock Exchange (NSE) for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) during the quarter ended June 30, 2026. The fine includes an 18% Goods and Services Tax (GST). The specific violations pertain to regulations concerning board composition and other listing requirements. NALCO is currently preparing a representation to the NSE regarding the identified non-compliances. The financial impact of this fine is ₹14,31,340.
Key Highlights
- NSE imposes a fine of ₹14,31,340 on NALCO.
- Fine is for non-compliance with SEBI LODR regulations.
- Violations occurred during the quarter ended June 30, 2026.
- NALCO is preparing a representation to NSE.
- Financial impact of the fine is ₹14,31,340 including GST.
Price Impact
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