Two former Brightcom Group officials settle with Sebi in a financial reporting case

Two former officials of Brightcom Group have reached a settlement with market regulator Sebi after agreeing to pay settlement amounts and accept temporary restrictions on their association with the company. The case concerns alleged disclosure failures and irregularities in the company’s financial statements between FY15 and FY20.Sebi had initiated an investigation into Brightcom Group following […]

Sebi Boetes Two former Brightcom Group Directors RS 35 Lakh for accounting irregularities

Market regulator Securities and Exchange Board of India (Sebi) imposed fines of RS 30 Lakh and RS 5 Lakh on Monday on two former non-executive independent directors of Brightcom Group for irregularities in the company’s financial statements. The regulator found irregularities in the financial statements of the company for the period between FY15 to FY20. […]