Securities Appellate Tribunal Dismisses Hindustan Foods Limited's Appeal
The Securities Appellate Tribunal (SAT), Mumbai, has dismissed an appeal filed by Hindustan Foods Limited regarding an order issued by BSE Limited concerning a violation of SEBI regulations. The ruling, made on August 13, 2026, pertained to the original fine levied against the company.The SAT dismissed Appeal No. 178 of 2024, which had been filed by Hindustan Foods Limited against an earlier order dated December 10, 2023, issued by BSE Limited. The dispute centered on a violation of SEBI (LODR) Regulations, for which the BSE had imposed a fine of Rs. 52,21,500 on the company.The appeal was dismissed by the Hon'ble Securities Appellate Tribunal without any...