How much penalty/What’s the penalty rate levied by the Exchange?

How much penalty/What’s the penalty rate levied by the Exchange?

The penalty rates levied by stock exchanges can vary based on the violation or non-compliance. For instance, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India impose different penalties for various infractions, such as late submission of reports, non-compliance with listing agreements, and other regulatory breaches.

For example:

·        Late Submission of Financial Results: Exchanges often impose penalties for delays in submitting quarterly or annual financial results. These penalties can range from ₹1,000 to ₹5,000 per day of delay, depending on the specific guidelines of the exchange.

·        Non-Compliance with Listing Agreement: Penalties can range from ₹5,000 to ₹25,000 per day for non-compliance with listing agreement provisions.

·        Other Regulatory Violations: Penalty rates for other regulatory violations may vary widely and are typically specified in the exchange's regulations or circulars.

It's essential to refer to the specific exchange's rulebook or recent circulars for precise information on penalty rates. For the most accurate and up-to-date information, consulting the official websites of the NSE or BSE or contacting their compliance departments would be 
advisable. 


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