Current Affairs · Regulatory Actions
Consider the following statements regarding SEBI's regulatory action against Brightcom Group and related entities: 1. SEBI imposed a major monetary penalty totaling over ₹30 crore on the company, promoters, and related entities for accounting and disclosure non-compliances. 2. Promoters and key managerial personnel involved were restrained from holding key positions in listed market entities for specified durations. 3. The absolute penalty was strictly and exclusively due to a minor delay in submitting routine quarterly corporate governance compliance certificates. 4. SEBI's strictures included directions that impacted the normal trading status and exchange compliance filings of Brightcom shares. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 3, and 4 only
- 21 and 3 only
- 32 and 3 only
- 41, 2, and 4 only✓
Correct answer
1, 2, and 4 only
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