Share India Securities fined ₹1 Lakh by NSE Clearing

Share India Securities Ltd has been levied a monetary penalty of ₹1,00,000 (plus ₹18,000 GST) by NSE Clearing Limited (NCL). The penalty was imposed for a violation of Market Wide Position Limit (MWPL) in the ordinary course of stock broking operations. The company stated that this penalty does not have any material impact on its financials, operations, or other business activities. The invoice was made available on the NSE portal on October 26, 2026. Share India Securities is committed to upholding compliance standards and will take necessary steps to address the issue.