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BSE Responds to Court Application on 1994 Listing Allegations

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BSE Responds to Court Application on 1994 Listing Allegations

BSE Ltd. ( (IN:BSE) ) has issued an announcement.

BSE Limited has announced that the ACB Court in Mumbai has allowed a miscellaneous application against certain SEBI officials and former and current executives of BSE, concerning alleged irregularities in the 1994 listing of Cals Refineries Ltd. The application is deemed frivolous by BSE, as the officials were not in their positions at the time of the listing. BSE plans to take necessary legal actions to address the situation, emphasizing its commitment to regulatory compliance and transparency.

More about BSE Ltd.

BSE Limited operates in the financial services industry, primarily focusing on stock exchange operations in India. It provides a platform for trading in equities, derivatives, and other financial instruments, serving as a critical component of the Indian financial market infrastructure.

YTD Price Performance: -14.60%

Average Trading Volume: 2,186,859

Current Market Cap: 627.7B INR

For a thorough assessment of BSE stock, go to TipRanks’ Stock Analysis page.

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