National Aluminium Company Limited has informed the stock exchanges about receiving regulatory fines totaling Rs 10,85,600 from BSE and NSE for non-compliance with SEBI listing regulations. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Action Details

Both BSE and NSE imposed identical fines on the company for violating Regulation 17(1) of the SEBI LODR Regulations, 2015. The company received official communication from both exchanges, with BSE sending the email at 05:49 PM and NSE at 10:18 PM.

Company's Explanation for Disclosure Delay

National Aluminium Company has provided a detailed explanation for the delay in disclosure to the stock exchanges. The company stated that the email communications from both exchanges were received late in the evening, which inadvertently escaped their attention. The subsequent two days, February 28 and March 1, 2026, were off days, and the emails were noticed on March 2, 2026, when the disclosure was immediately communicated to the stock exchanges.

Financial and Operational Impact

The company has clarified that the penalty imposed by the stock exchanges has no significant impact on its financial, operational, or other activities. The combined penalty of Rs 10,85,600 represents the total financial implication resulting from this regulatory action, including 18% GST as applicable on such regulatory penalties.

Future Compliance Commitment

National Aluminium Company has assured that it will ensure such unintended failures to disclose within prescribed timelines do not arise in future. The company remains committed to adhering to regulatory requirements and has always prioritized compliance with applicable laws. The disclosure was signed by B. K. Sahu, Company Secretary & Compliance Officer, reaffirming the company's commitment to transparency and regulatory compliance.

National Aluminium Company Limited (NALCO) has officially launched its new IA91 grade aluminium alloy ingot, marking a significant expansion in the company's specialized metallurgical product portfolio. The product was formally launched by Shri Anil Kumar Singh, Director (Commercial), in the presence of senior officials at NALCO's Kolkata Stockyard.

Product Specifications and Features

The IA91 grade represents a high-performance, silicon-based casting alloy engineered to deliver optimal performance across multiple parameters. The new alloy ingot offers several key advantages for industrial applications:

Target Applications and Markets

The IA91 grade aluminium alloy ingot has been specifically designed for advanced casting applications across diverse industrial sectors. The product targets multiple high-value market segments:

Leadership Perspective

Shri Brijendra Pratap Singh, CMD of NALCO, congratulated the production and marketing teams on this achievement. He emphasized that the expanding product portfolio reflects NALCO's continued commitment to delivering high-quality, value-added products to meet evolving industrial demands.

Strategic Significance

This launch aligns with NALCO's strategy as a Navratna CPSE under the Ministry of Mines, Government of India, to strengthen its position in the specialized aluminium sector. The introduction of the IA91 grade demonstrates the company's focus on innovation and technological advancement in metallurgical solutions.

The new product addition underscores NALCO's commitment to diversifying its offerings and catering to specific industrial requirements through advanced aluminium alloy solutions.