National Aluminium fined for regulatory non-compliance

National Aluminium Company Limited (NALCO) has disclosed that it received a notice from the Bombay Stock Exchange (BSE) dated August 29, 2025. This notice concerned non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 17(1) and 18(1), during the quarter ended June 30, 2025.

As a result, BSE has imposed a fine of INR 751,660 on NALCO, which includes an 18% Goods and Services Tax (GST). The company acknowledged that these non-compliances will have a direct financial impact on its operations, quantifiable to the tune of the imposed fine.

NALCO stated that it is currently in the process of formally representing its position to the BSE regarding the identified non-compliances. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.