September 11, 2026

Section 23E. Penalty for Failure to Comply with Provision of Listing Conditions or Delisting Conditions or Grounds – The Securities Contracts (Regulation) Act, 1956

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23E. Penalty for failure to comply with provision of listing conditions or delisting conditions or grounds.

If a company or any person managing collective investment scheme or mutual fund, fails to comply with the listing conditions or delisting conditions or grounds or commits a breach thereof, it or he shall be liable to a penalty not exceeding twenty-five crore rupees.