Share India Securities hit with NSE penalty for algorithmic trading non-compliance

Share India Securities Limited announced a monetary penalty of INR 1,50,000 levied by the National Stock Exchange of India (NSE). The penalty, disclosed on November 25, 2025, stems from non-compliance with regulatory requirements concerning the tagging of Unique Identifiers (UID) for algorithmic orders during normal stock broking operations. The invoice for the penalty was received on November 24, 2025.

The company stated that this penalty is considered to be in the ordinary course of business activities and does not anticipate any material impact on its financials, operations, or other business activities. Share India Securities affirmed its commitment to upholding compliance standards and indicated it would take necessary steps to address the issue.