ALPHA TRIBE

S.A.L. Steel LimitedOthers, 21-02-2025: Action(s) initiated or orders passed

21-02-2025 | 02:03 pm

SAL Steel Limited is facing a penalty of ₹69,000 plus GST @18% from both the National Stock Exchange and BSE for non-compliance with regulatory requirements. This penalty relates to violations under SEBI's Listing and Depository Regulations, with a total payable amount of ₹81,420 for each exchange due to 69 days of non-compliance. Importantly, this penalty is not expected to impact the company’s financial performance or operational activities. Investors may view this as a neutral impact, as the financial health remains stable despite the regulatory setback.

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