Steel City Securities Fined ₹10,000 by NSE for Leverage Limit Violation
Steel City Securities Limited has been fined ₹10,000 by the National Stock Exchange of India Limited (NSEIL). The penalty was levied vide NSEIL's letter No: NSE/INSP/CM/OFFSITE/25-26/Lon8061/2025-6210...
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Why is Steel City Securities Limited in the news today?
Steel City Securities Limited (STEELCITY) is in the news due to the company received a penalty from the stock exchange, which is a negative development.
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Steel City Securities Fined ₹10,000 by NSE for Leverage Limit Violation
January 1, 2026, 12:56 PM
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Steel City Securities Limited has been fined ₹10,000 by the National Stock Exchange of India Limited (NSEIL). The penalty was levied vide NSEIL's letter No: NSE/INSP/CM/OFFSITE/25-26/Lon8061/2025-62100 dated 31.12.2025.
The inspection, conducted during September 2025, identified non-adherence to leverage and exposure limits while granting the margin trading facility. The company stated that there is no material impact on its operations concerning this penalty.
The disclosure is made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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