NSE fines 250 firms for not complying with listing norms

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Published: May 16, 2019 12:30:44 AM

Markets regulator Sebi's circular dated May 3 specified standard operating procedure (SOP) in the matter of levy of fines for non-compliance with certain provisions of Sebi with regard to listing.

NSE fines 250 firms for not complying with listing norms

NSE on Wednesday shared the list of 250 companies that were penalised for non-compliance with listing regulations.

The total penalty for 250 companies stood at Rs 2.83 crore. Markets regulator Sebi’s circular dated May 3 specified standard operating procedure (SOP) in the matter of levy of fines for non-compliance with certain provisions of Sebi with regard to listing.

NSE, after monitoring the compliance of listing regulations for all its listed entities, imposed fines and issued notices to non-compliant firms.

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