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NSE to suspend trading in Shankar Sharma portfolio stock Brightcom Group from June 14

NSE to suspend trading in Shankar Sharma portfolio stock Brightcom Group from June 14
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Brightcom Group: SEBI Suggests ED Examination in Overseas Loan Settlement by Ex-CMD Suresh Kumar Reddy

Confirming its interim directions against 20 entities in the Brightcom Group Ltd (BGL) matter, the Securities and Exchange Board of India (SEBI) suggested an examination and action if required by the directorate of enforcement (ED) in the settlement of loans advanced to M Suresh Kumar Reddy, former chairman and managing director (CMD) and his companies abroad through allotment of shares in India. ....

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Sebi's confirmatory order against Brightcom Group bars CMD from holding directorial role

The regulator has modified its directive against chief financial officer Narayan Raju by restraining him from holding the position of a director or a key managerial person only in Brightcom Group and its subsidiaries. ....

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SEBI issues confirmatory order on Brightcom Group; suggests further examination by ED

Of the directions given to 25 noticees in the interim order in August 2023, directions given to five stand changed in the final confirmatory order. ....

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Brightcom Group final order: SEBI suggests ED probe; Shankar Sharma free to sell BGL shares

Of the directions given to 25 noticees in the interim order in August 2023, directions given to five stand changed in the final confirmatory order. ....

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