Arihant Capital Markets Reports Monetary Penalties Imposed by BSE and NSE
Arihant Capital Markets Limited has provided a revised update concerning monetary penalties recently levied by the Bombay Stock Exchange (BSE) Limited and the National Stock Exchange of India Limited (NSE). The company confirmed that it has taken necessary corrective and compliance measures in response to the observations and orders passed by both exchanges.The penalties levied by the two exchanges pertain to operational and trading activities.For BSE Limited, the financial disincentive and monetary penalties were related to non-compliances concerning terminal location and AP inspection requirements. The company noted that the only discrepancy found in the PIN...