How to verify if Zerodha has passed the margin penalty to the exchange?

Zerodha does not collect penalties on a client-by-client basis but rather as a collective sum for all clients. Therefore, providing a specific acknowledgement from the exchange for the penalty paid by an individual client is not feasible. Zerodha acts as an intermediary, collecting non-upfront penalties from clients and passing them to the exchange. To learn more about the non-upfront penalty, see What is a margin penalty, and why is it charged?

The brokerage industry is heavily regulated, and brokers are subject to multiple audits conducted by exchanges and SEBI. These audits include reviews to ensure that brokers are not misusing client funds, such as charging penalties and failing to transfer them to the exchange.