BHARAT GEARS LTD. - Noting Of The Intimation Received From The Stock Exchange(S) For The Non-Compliance By The Company W.R.T. Regulation 19(1) And 19(2) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 And Further Actions Thereof
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| 22 Jul 2022 | |
| This is to inform that the Board of Directors of the Company in its meeting held on July 22, 2022 took note of the Intimation received from the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) on May 20, 2022 advising the Company to pay fine of Rs. 2000/- per day in terms of Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020 issued by the Securities and Exchange Board of India (SEBI) in respect of the Non-Compliance with the Constitution of Nomination and Remuneration Committee for the quarter ended March, 2022 and further payment of the fine so levied. The Board advised the management to monitor the compliance requirements minutely in future and take advise/guidance of the Stock Exchanges in case any difference in interpretation of the SEBI Regulations, wherever necessary. You are requested to kindly take the same on records. | |
| View all announcements for BHARAT GEARS LTD. | Source: BSE India |
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