BLB Limited Receives Show Cause Notice Regarding Insider Trading Allegations
BLB Limited (NSE: BLBLIMITED, BSE: 532290) announced on March 19, 2026, that its Promoter and Managing Director, Sh. Brij Rattan Bagri, has received a Show Cause Notice (SCN) from the Securities and Exchange Board of India (SEBI). The notice, issued on March 13, 2026, via email and March 17, 2026, through post, relates to alleged violations of Regulation 3(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, concerning the company's scrip.According to the company's disclosure, Sh. Bagri is seeking legal advice and will take appropriate action regarding the matter, which is considered personal in nature. BLB Limited confirmed that the SCN has no impact on the operations or financial performance of the company. The disclosure was made to maintain transparency and good corporate governance.
Details of the Show Cause Notice:
| Particulars | Details |
|---|---|
| Name of the Authority | Securities and Exchange Board of India (SEBI) |
| Nature and details of the action(s) taken, initiated or order(s) passed | Show Cause Notice (SCN) issued under Rule 4(1) of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995, in relation to alleged violation of the SEBI (Prohibition of Insider Trading) Regulations, 2015. |
| Date of receipt of direction or order | March 13, 2026, via email; March 17, 2026, through post (complete set with annexures) |
| Details of violation(s)/ contravention(s) committed or alleged to be committed | Alleged violation of Regulation 3(1) of SEBI (Prohibition of Insider Trading) Regulations, 2015 in respect of the Company's scrip |
| Impact on financial, operational or other activities of the listed entity | No impact on the financial, operational or other activities of the Company. |
| Any other relevant information | Sh. Brij Rattan Bagri is seeking legal advice and will take appropriate steps in the matter. |
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