Share India Securities receives penalty of ₹5,09,000 from NSE

Share India Securities has been penalised ₹5,09,000 by the National Stock Exchange of India Limited (NSE) for violations in its stock broking operations. The penalty, imposed based on directives from the Member and Core Settlement Guarantee Fund Committee (MCSGFC), was levied in the normal course of business. The company confirmed that this action will not have a material impact on its financials, operations, or other activities.

The invoice for the penalty was dated June 17, 2026, but it was made available on the NSE portal on June 22, 2026, at approximately 10:21 p.m. The disclosure was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Details of the Penalty

The following table outlines the specific details of the regulatory action taken against the company:

Particulars	Details of Penalty
Name of the Authority	National Stock Exchange of India Limited (NSE)
Nature and details of the action	NSE has imposed a penalty of ₹ 5,09,000/- (excluding GST) on the Company.
Date of receipt of direction	Although the invoice imposing the penalty on the Company is dated June 17, 2026, the same was made available on NSE portal on June 22, 2026 at approximately 10:21 p.m.
Details of the violation(s)	The penalty has been levied in the ordinary course of the Company's stock broking operations as per directives issued by Member and Core Settlement Guarantee Fund Committee (MCSGFC)
Impact on financial, operation or other activities	There is no impact on the financials, operations, or other activities of the Company.

Share India Securities reiterated its commitment to upholding the highest compliance standards and stated that it will take the necessary steps to address the issue. The filing was signed by Vikas Aggarwal, Company Secretary & Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.05%	+0.07%	-2.85%	-21.24%	-21.31%	+58.73%

Share India Securities Limited appointed Mr. Sarthak Bhalla as the Compliance Officer in terms of SEBI (Prohibition of Insider Trading) Regulations, 2015, and classified him as a Senior Management Personnel effective June 22, 2026. The Board of Directors approved the appointment through a resolution passed by circulation on June 22, 2026, at approximately 01:03 p.m. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Mr. Bhalla is a qualified Company Secretary and a Commerce Graduate (B.Com. Hons.) from the University of Delhi, possessing over five years of experience in corporate laws, securities laws, secretarial matters, and regulatory compliances. He has played a key role in strategic initiatives, including the company's fund-raising through a Rights Issue of equity shares and detachable warrants. His experience includes handling unpublished price sensitive information and ensuring compliance with regulations applicable to listed entities. He holds the NISM Series III-A Certification and has completed a specialized certification programme on Insider Trading Regulations.

Details of Appointment

The following table outlines the specific details regarding the change in senior management personnel:

Details of Event	Information
Reason for change	Appointment of Mr. Sarthak Bhalla as the Compliance Officer pursuant to the PIT Regulations and his classification as a Senior Management Personnel of the Company
Date of appointment	June 22, 2026
Brief profile	Mr. Sarthak Bhalla is a qualified Company Secretary and a Commerce Graduate (B.Com. Hons.) from the University of Delhi, with over five years of experience in corporate laws, securities laws, secretarial matters and regulatory compliances.
Disclosure of relationships	Not Applicable