Bijoy Hans Ltd’s Compliance Clock Strikes Late: SEBI Warning Marks Wake-Up Call

In a recent development, Bijoy Hans Limited (BHL) was issued an administrative warning by the Securities and Exchange Board of India (SEBI) for non-payment of regulatory fees within a timely manner in connection with its open offer. The warning is for the purpose of emphasizing the sheer importance of compliance with procedural timelines in securities transactions for the purposes of ensuring fairiness and transparency in the market.

 

Key Highlights:

This warning is an indication of SEBI's vigilant regulatory discipline in protecting investors' interests and maintaining orderly market conduct. Market players are reminded to strictly follow stipulated time periods to uphold market integrity.

 

Bijoy Hans Ltd has responded and assured remedial measures to prevent such delays in its subsequent reports.

 

Source: Company disclosure to Stock Exchange