NSE waives ₹2,360/- fine levied for one-day delay in shareholding pattern update
NSE has approved the company's request to waive a fine of ₹2,000/- plus applicable GST (Total: ₹2,360/-).
By ScoutQuest · · 1 min read
- Fine waived
- ₹2,000/- plus applicable GST (Total: ₹2,360/-)
- Reason
- alleged one-day delay in update the Shareholding Pattern for the quarter ended June 30, 2026
- Case status
- case status has changed to closed
What the company told the exchanges
The company has informed BSE and NSE that the National Stock Exchange of India Limited has considered its request for waiver of a fine favourably. The exchange's communication is reference no. NSE/LIST/CD/2026/0043 dated October 19, 2026, and it is described as the final order.
The company had earlier informed the exchanges on August 17, 2026 about a notice (NSE/LIST-SOP/FINES/0904) imposing a fine of ₹2,000/- plus applicable GST, amounting to a total of ₹2,360/-.
Why the fine was levied
- The exchange notice referred to an alleged one-day delay in update the Shareholding Pattern under Regulation 31 of the SEBI (LODR) Regulations, 2015.
- The Shareholding Pattern in question was for the quarter ended June 30, 2026.
- The company then applied for a waiver of the fine.
Where the matter stands now
- The exchange's relevant authority approved or accepted the waiver request.
- The fine stands waived in full.
- The case status has changed to closed.
Impact on the company
In its disclosure, the company states that the amount of compensation or penalty paid in this matter is Nil, and that there is no adverse operational or financial impact on it because the entire fine amount stands waived by the exchange.
What this means for a reader
This is an update on a small procedural penalty that has now been set aside. The exchange's decision removes the charge rather than adding one. The disclosure itself does not change anything about the company's business operations or financial statements beyond the fine no longer being payable.
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More numbers
- Fine levied by NSE₹2,000/-
- Total fine including GST (now waived in full)₹2,360/-
- Alleged delay in update Shareholding Patternone-day
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