National Aluminium Company Limited (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. This penalty pertains to the quarter ended June 30, 2026. The company is currently preparing its representation to the NSE regarding the identified non-compliances.
NSE Imposes Penalty on NALCO
National Aluminium Company Limited (NALCO) has disclosed a financial penalty of ₹14,31,340, including 18% GST, imposed by the National Stock Exchange (NSE). This action stems from instances of non-compliance with various provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, observed during the quarter ending June 30, 2026.
Details of Non-Compliance and Impact
The specific regulations contravened include Regulation 17(1), 17(2A), 18(1), 19(1)/ 19(2), and 20(2)/(2A) and 21(2) of the SEBI LODR Regulations, 2015. The financial implication of this penalty on the company’s operations is the amount of the fine itself. NALCO has acknowledged receipt of the notice and is in the process of submitting its position and representation to the NSE regarding these identified non-compliances.
Source: BSE
