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An update from Share India Securities Ltd ( (IN:SHAREINDIA) ) is now available.
Share India Securities Ltd has disclosed that the National Stock Exchange of India has imposed a monetary penalty of Rs 1,50,000 (excluding GST) on the firm for non-compliance with regulatory requirements related to the tagging of unique identifiers for algorithmic orders in the normal course of its broking operations. The company stated that the charge, formally dated December 18, 2025 but effectively accessed on December 22 due to portal availability issues and non-business days, will not have any material impact on its financials, operations or other business activities, and it reiterated its commitment to maintaining high compliance standards and addressing the issue raised by the exchange.
More about Share India Securities Ltd
Share India Securities Ltd is a diversified financial services firm operating as a member of major Indian exchanges including NSE, BSE, MCX, NCDEX and MSEI. The company offers stock broking, depository participant services through CDSL, mutual fund distribution as an AMFI-registered intermediary, and SEBI-registered research and portfolio management services, catering to a broad base of capital markets and investment clients in India.
Average Trading Volume: 140,940
Technical Sentiment Signal: Sell
Current Market Cap: 36.93B INR
For a thorough assessment of SHAREINDIA stock, go to TipRanks’ Stock Analysis page.