Disclosure regarding communication received from BSE through mail dated 17th July 2025, regarding SEBI Administrative warning - Violation of provision of SEBI, SAST(Substantial Acquisition ....
Awaiting price reaction for this filing.
Bijoy Hans Limited informed BSE on July 17, 2025, about an administrative warning letter received from SEBI dated July 15, 2025. The warning is linked to the company's open offer, where the Draft Letter of Offer was filed on January 3, 2025, but the required fees under SEBI SAST Regulations were paid only on January 31, 2025, resulting in a 28-day delay. The warning was issued to the acquirers and related parties (U G Patwardhan Services, Mr. Kaushal Shah, Agri One India Ventures, and Mr. Shantanu Surpure), not directly to Bijoy Hans. SEBI has cautioned them to avoid such lapses in future, warning that any repeat could trigger formal enforcement action. The company has noted the matter and assured compliance going forward.
This is a procedural administrative warning with no monetary penalty or trading restriction. Short-term impact on the stock is likely minimal, but it flags compliance lapses around the ongoing open offer and signals risk of stricter regulatory action if similar delays happen again.