Reliable Data Services Ltd
Reliable Data Services fined Rs. 2,59,600 by NSE and BSE for non-compliance
REGULATORY
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 28 May 2026, 01:29 PM IST · BSE ID: b7705537-8b49-409a-90c8-c7ff45703bc0
View Original BSE Filing (PDF)
💡
In Simple Terms
The company received fines from the stock exchanges for not following a specific rule and is asking for the fines to be removed.
🤖 AI Summary
- Reliable Data Services fined Rs. 2,59,600 by NSE and Rs. 2,59,600 by BSE.
- Non-compliance with Regulation 17(1) of SEBI LODR for Q4 FY26 cited.
- Fines received on May 27, 2026, with payment due within 15 days.
- Company is actively pursuing a waiver for the imposed penalties.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Fine levied by NSE
Rs. 2,59,600/-
Fine levied by BSE
Rs. 2,59,600/-
Quarter of non-compliance
ended March 31,2026
Date of receipt of communication
May 27, 2026
🏢 How This Affects the Company
The company faces a direct financial implication of Rs. 2,59,600 from each stock exchange, totaling Rs. 5,19,200. The company is seeking a waiver for these fines.
Failure to comply with SEBI LODR regulations carries risks, including potential further actions by the exchanges such as freezing promoter shareholding or shifting trading to a 'Trade for Trade' basis.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders. Monitor the company's progress on the waiver application.
👤
Who Is Affected
All shareholders are indirectly affected by the regulatory non-compliance and potential future actions by the exchanges.
🔍
Management Signal
Management is actively seeking a waiver, indicating a focus on resolving the compliance issue and mitigating financial penalties.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Outcome of waiver application for fines.
Confirmation of compliance with Regulation 17(1) for future periods.
Any further communication from NSE or BSE regarding non-compliance.
MEDIUM RISK
Non-compliance with LODR regulations and penalties raise regulatory risk and potential impact on promoter shareholding.
💡 Investor Takeaway
Reliable Data Services Ltd. has been fined Rs. 2,59,600 by both NSE and BSE for non-compliance with SEBI LODR Regulation 17(1) for Q4 FY26. The total fine is Rs. 5,19,200.
⚖️ Strengths & Concerns
⚠️ Concerns
- Non-compliance with Regulation 17(1) of SEBI LODR for the quarter ended March 31, 2026, resulted in penalties.
❓ Frequently Asked Questions
What penalty was imposed on Reliable Data Services by NSE and BSE?
NSE and BSE each imposed a fine of Rs. 2,59,600 on Reliable Data Services for non-compliance.
What regulation did Reliable Data Services fail to comply with?
The company failed to comply with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
For which period was the non-compliance noted?
The non-compliance pertains to the quarter ended March 31, 2026.
What is the total financial implication of the fines?
The total financial implication from both stock exchanges is Rs. 5,19,200 (Rs. 2,59,600 + Rs. 2,59,600).
Is Reliable Data Services seeking a waiver for these fines?
Yes, the company is in the process of filing an application for a waiver of the fines levied by NSE and BSE.
Questions based on this BSE filing only. For information purposes.