NSE levies Rs. 1,80,000 penalty over Error Account trade handling in Equity Segment

NSE levied a penalty of Rs. 1,80,000/- on the company for liquidating trades before modifying them to the "Error" Account in the Equity Segment, based on its review of May 2026 trades.

Thu 8 Oct 2026

Penalty Amount

Rs. 1,80,000/-

Penalty Levied By

National Stock Exchange of India Limited (NSE)

Date of Receipt of Communication

07th October, 2026

What the company disclosed

The company informed the exchanges that it received an email communication from the National Stock Exchange of India Limited (NSE) on 7th October, 2026. The communication is about a penalty levied under NSE Circular No. NSE/INSP/73792 dated 17th April, 2026, which deals with the rationalisation and standardisation of penalties levied on Trading Members.

Why the penalty was levied

• NSE observed the instances during its review of trades for the month of May 2026 in the Equity Segment.
• The matter relates to the handling of trades in the "Error" Account.
• The stated violation is the liquidation of trades in the "Error" Account prior to modifying such trades to the "Error" Account in the Equity Segment.
• Penalty levied by NSE: Rs. 1,80,000/- (Rupees One Lakh Eighty Thousand only).

Who levied it and when it was received

• Authority: National Stock Exchange of India Limited (NSE).
• Date of receipt of the communication: 07th October, 2026.

Payment status

• As per the usual practice, the penalty amount is yet to be debited by NSE from the Company's Exchange Settlement Account.

Stated impact

• The impact on the financial, operational or other activities of the listed entity, quantifiable in monetary terms to the extent possible, is stated as None.

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