NSE Clearing levies Rs. 1,00,000 penalty for Market Wide Position Limit violation

NSE Clearing Limited has levied a penalty of Rs. 1,00,000 (plus GST of Rs. 18,000) on the company for violation of Market Wide Position Limit (MWPL).

Tue 29 Sep 2026

Penalty Amount

Rs. 1,00,000

GST on Penalty

Rs. 18,000

Violation Type

Market Wide Position Limit (MWPL)

Invoice Date

September 28, 2026

Issuing Authority

NSE Clearing Limited

What happened

NSE Clearing Limited (NCL) has imposed a monetary penalty on the company. The invoice was made available on the NSE portal on September 28, 2026 at approximately 07:28 p.m.

Amount

• Penalty: Rs. 1,00,000/-
• GST on the penalty: Rs. 18,000/- (exclusive of the penalty amount)

Reason cited

The penalty relates to violation of the Market Wide Position Limit (MWPL). MWPL is the cap set by exchanges on the total outstanding derivative positions in a particular stock across all market participants; brokers are expected to operate within these limits.

Company's position

• The penalty was levied in the normal and ordinary course of the company's stock broking operations.
• The company states there is no impact on its financials, operations or other business activities.
• The company says it is committed to upholding compliance standards and will take necessary steps to address the issue.

How to read this

This is a regulatory penalty disclosure made under Regulation 30. The monetary amount involved is small in absolute terms. Such notices are routine for broking firms, though repeated instances are usually watched by investors as a signal of internal control standards.

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