National Stock Exchange of India Limited and BSE Limited Levies Fine on BF Investment Limited for Non-Compliance of Regulation 17(1) of the Listing Regulations for the June 2024 Quarter
BF Investment Limited announced that the Company has received a letter dated August 21, 2024 on email from National Stock Exchange of India Limited ("NSE") and mail dated August 21, 2024 from BSE Limited ("BSE") with
respect to non- compliance of the Regulation 17(1) of Listing Regulations for the quarter ended June 2024. NSE and BSE both have levied fine of INR 171,100 each for non-compliance of the Regulation 17(1) of the Listing
Regulations for June 2024 quarter. The Company has duly paid the fine imposed of INR 171,100 each to NSE & BSE on August 22, 2024.
BSE Limited is an India-based stock exchange company. The Company provides a platform for trading in equity, debt instruments, derivatives, and mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME). The Company operates through Stock Exchange Operations segment that facilitates trading in securities and other related ancillary services. It also provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. The Companyâs systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market, and stimulate innovation and competition across all market segments. The Company's subsidiaries include Indian Clearing Corporation Limited, BSE Investments Limited, BSE E-Agricultural Markets Limited, BSE EBIX Insurance Broking Private Limited, BSE Administration and Supervision Limited, among others.
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National Stock Exchange of India Limited and BSE Limited Levies Fine on BF Investment Limited for Non-Compliance of Regulation 17(1) of the Listing Regulations for the June 2024 Quarter
