National Aluminium Company Limited (NALCO) has been issued a notice by the Bombay Stock Exchange (BSE) for non-compliance with SEBI (LODR) Regulations, 2015, during the quarter ended June 30, 2026. The company has been fined ₹14,31,340/-, inclusive of 18% GST, for these violations, which include breaches of regulations concerning board composition and related party transactions.
NALCO Receives Fine for Regulatory Non-Compliance
National Aluminium Company Limited (NALCO) has announced that it has received a notice from the Bombay Stock Exchange (BSE) on August 25, 2026, regarding non-compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). The period of non-compliance pertains to the quarter ended June 30, 2026.
Details of the Non-Compliance and Penalty
As a consequence of these non-compliances, the BSE has imposed a fine of ₹14,31,340/- on NALCO. The specific violations cited include breaches related to Regulation 17(1), 17(2A), 18(1), 19(1)/19(2), 20(2)/(2A), and 21(2) of the SEBI LODR Regulations, 2015. These regulations typically govern aspects such as board composition, corporate governance practices, and disclosures.
Financial Implication of the Fine
The financial implication for the company, quantifiable in monetary terms, amounts to ₹14,31,340/-. This figure includes 18% GST. NALCO has stated that it is in the process of representing its position to the BSE concerning the identified non-compliances.
Source: BSE
