BSE Limited — Important, 02-03-2025: Updates

ACB Court, Mumbai, has permitted a miscellaneous application concerning alleged irregularities in the 1994 listing of Cals Refineries Ltd. This application names certain SEBI officials, the former chairman of BSE, and the current MD & CEO, seeking directions for a FIR and investigation. Notably, the officials mentioned were not in their roles at the time of the listing and are not connected to the company. BSE asserts that the application is frivolous and vexatious, and it intends to take necessary legal action to address the situation. BSE emphasizes its commitment to regulatory compliance and transparency in the market.