NSE fines 250 companies, including Jet Airways, for non-compliance with listing regulations
NEW DELHI: The National Stock Exchange (NSE) Wednesday said it has penalised 250 companies, including two IL&FS group firms and Jet Airways, for non-compliance with various listing regulations for the quarter ended March 31, 2019.
The total penalty imposed on the non-compliant companies is little over Rs 8.84 crore, according to NSE data.
The move is in accordance with markets regulator Sebi’s circular that had put in place a standard operating procedure to check non-compliance with provisions of (Listing obligations Disclosure Requirement) Regulations, NSE said.
