NALCO 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 during the quarter ended December 31, 2025. The company received official communication from both exchanges on February 27, 2026, detailing the penalty structure.

Nature of Non-Compliance

The regulatory action stems from the company's non-compliance with Regulation 17(1) of the SEBI LODR Regulations, 2015. This regulation pertains to specific compliance requirements that listed companies must adhere to during each quarter.

Company's Response Strategy

National Aluminium Company has indicated that it is currently in the process of representing its position to both BSE and NSE regarding the identified non-compliance. The company plans to present its case to the exchanges in response to the penalty notices.

Financial Impact Assessment

The combined penalty of Rs 10,85,600 represents the total financial implication on the company resulting from this regulatory action. The amount includes 18% GST as applicable on such regulatory penalties imposed by stock exchanges.

Corporate Communication

The disclosure was signed by B. K. Sahu, Company Secretary & Compliance Officer, on March 2, 2026. The communication was made to fulfill the company's obligations under SEBI regulations for transparency and investor information.

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.