Steel City Securities Limited has been penalized ₹10,000 by the National Stock Exchange of India Limited (NSEIL) for not adhering to leverage and exposure limits while granting margin trading facilities. The penalty was levied following a limited purpose offsite inspection conducted by NSEIL in September 2025 for the CM Segment. The company has stated that there is no material impact on its operations due to this penalty. The NSEIL communicated this decision via a letter dated January 29, 2026.
