BSE Slumps as Sebi Penalty Revealed

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Posted by AI on 2025-06-26 13:49:24 | Last Updated by AI on 2025-06-26 12:58:21

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Indian stock exchange, BSE, hit a slump after receiving a hefty penalty from securities regulator, Sebi. The stock exchange fined BSE Rs 25 lakh for flouting regulatory norms. The penalty is in relation to the recognition of grievances levied against the exchange. This is a mere solace for angered investors who have suffered in the process.

The Bombay Stock Exchange plummeted over 1% this morning, hurting investors. The exchange violated norms relating to the recognition of grievances found in the circular released by Sebi on October 8, 2021.

Sebi found the exchange to have excluded certain categories of investors while calculating the number of complainants for calculating the average time taken to resolve investor grievances. The exchange revised its grievance resolution time from an average of 37 days to 29 days. Under the revised methodology, the date of receipt of physical shares is considered for calculating the settlement period.

Would this penalty serve as a lesson to other companies that violate regulatory norms? Only time will tell.

tagline: Securities regulator Sebi slaps a Rs 25 lakh penalty on BSE for flouting regulatory norms. Will this send a message to other companies?

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