The National Stock Exchange (NSE) on September 25, 2024, issued a circular regarding the Penalties/disciplinary action(s) for non-participation in the scrip by the Market Maker in SME Segment.
The existing penalty structure has been reviewed and revised for providing framework for incremental penalties in case of repeat violations. The revised penalty structure has been provided in the Table.
Actions on Merchant Bankers for non-compliances by the Market Makers in SME Segment shall be as per Exchange Circular No. NSE/CML/2024/27 dated September 25, 2024.
Kindly find the Table in the document given below.
[Circular No: 67/2024]
