GHCL non-executive chairman faces SEBI ban and penalty

The Securities and Exchange Board of India (SEBI) has issued an order dated August 29, 2025, against Anurag Dalmia, non-executive chairman of GHCL Limited. The order pertains to a matter involving Golden Tobacco Limited. As a result, Dalmia is prohibited from accessing or dealing in securities markets for a period of 18 months.

In addition to the market ban, SEBI has imposed a monetary penalty of ₹20 lakhs on Dalmia. GHCL Limited clarified that while the order involves their non-executive chairman, the matter itself pertains to Golden Tobacco Limited and has no bearing on GHCL Limited's business or operations.

GHCL Limited requested that the information be noted and disseminated on the respective stock exchange websites, and it is also available on the company's website. The disclosure was made by Bhuwneshwar Mishra, vice president – sustainability and company secretary.