News Stocks Share India Securities Discloses MCX Penalty of Rs 1.36 Lakh for Order-to-Trade Ratio ViolationShare India Securities Discloses MCX Penalty of Rs 1.36 Lakh for Order-to-Trade Ratio Violation
Share India Securities Limited disclosed that MCX imposed a penalty of Rs 1,36,613 (excluding GST) for a higher Order-to-Trade Ratio violation during normal stock broking operations. The company received the penalty communication on February 01, 2026, and has stated that it will take necessary compliance steps while maintaining that the penalty has no material impact on its financial or operational activities.
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Share India Securities Limited has informed stock exchanges about a monetary penalty imposed by Multi Commodity Exchange of India Limited (MCX) as part of its regulatory disclosure obligations. The company made this disclosure on February 02, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.
Penalty Details
The regulatory action taken by MCX involves specific financial and operational aspects that the company has detailed in its compliance disclosure.
| Parameter | Details |
|---|---|
| Penalty Amount | Rs 1,36,613 (excluding GST) |
| Imposing Authority | Multi Commodity Exchange of India Limited (MCX) |
| Communication Date | February 01, 2026 at 3:29 p.m. |
| Disclosure Date | February 02, 2026 |
Nature of Violation
The penalty has been imposed due to a higher Order-to-Trade Ratio that occurred during the company's stock broking operations. According to the disclosure, this violation arose due to technical and market-related factors encountered in the normal and ordinary course of business operations.
Company's Response and Impact Assessment
Share India Securities has emphasized that the penalty was levied during routine stock broking activities and maintains that it does not have any material impact on the company's financial position, operations, or other business activities. The company has committed to upholding the highest compliance standards and will take necessary steps to address the identified issue.
Regulatory Compliance
The disclosure was made in accordance with Schedule III of the SEBI Listing Regulations, demonstrating the company's adherence to transparency requirements. Company Secretary and Compliance Officer Vikas Aggarwal signed the disclosure document, ensuring proper authorization and compliance with regulatory protocols.
Historical Stock Returns for Share India Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.87% | -8.22% | -4.95% | -13.33% | -31.98% | +205.02% |
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