MIDHANI fined ₹25.18 Lakh by BSE & NSE for SEBI LODR non-compliance
Mishra Dhatu Nigam Limited (MIDHANI) received fines of ₹12,59,060 each from BSE and NSE for non-compliance with SEBI LODR regulations for the quarter ended June 30, 2026. The company will request a waiver, stating the fines have no impact on its operations.
The company states that the fines have no impact on its financial, operational, or other activities, and it is seeking a waiver.
The company has been fined by stock exchanges for non-compliance with SEBI LODR regulations.
Mishra Dhatu Nigam Limited (MIDHANI) has been fined ₹12,59,060 (inclusive of GST) by both the BSE Limited and the National Stock Exchange of India Limited (NSE) for non-compliance with various SEBI LODR regulations for the quarter ended June 30, 2026. The specific regulations cited include 17(1), 17(2A), 18(1), 19(1), 19(2), 20(2)/(2A), and 21(2).
MIDHANI stated that it has not yet paid the fines. The company highlighted that the authority for appointing Directors vests with the President of India, acting through the Ministry of Defence, and the MIDHANI Board has no role in this process. Consequently, the company will submit a fine waiver request to NSE and BSE, citing the impossibility of compliance as per the policy for exemption of fines.
The company emphasized that the levied fines have no impact on its financial, operational, or other activities. This intimation is provided for the information of the exchange and its members.
What to do with a filing like this
Mishra Dhatu Nigam Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Mishra Dhatu Nigam Limited. Read the original for the full detail.