BGR Energy receives warning letter from SEBI
** BGR Energy Systems Limited (BSE: 532930) disclosed it received an administrative warning letter from the Securities and Exchange Board of India (SEBI) on April 04, 2025, concerning non-compliance with SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations. The letter, dated March 12, 2025, notes a failure to hold a Stakeholders Relationship Committee (SRC) meeting during the financial year 2023-2024. SEBI stated this violation of Regulation 20(3A) of LODR Regulations is viewed seriously and cautioned BGR Energy to ensure future compliance. BGR Energy stated that the warning is not expected to have a major impact on their financial operations or activities. The company confirmed it would present the letter to its Board of Directors and provide updates to both SEBI and the stock exchanges.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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