SEBI levies penalty of Rs 1 lakh on Bhilai Engineering Corporation

03 May 2019 Evaluate

The Securities and Exchange Board of India (SEBI) has levied a penalty on Bhilai Engineering Corporation for failing to obtain SCORES authentication. SEBI has imposed a penalty of Rs 1 lakh on the company.

SCORES is the regulator's online platform designed to help investors lodge their complaints against listed companies pertaining to the securities market.

Bhilai Engineering Corporation (BEC) comprises of versatile plants with state of the art facilities that strengthen a wide span of business activities from Manufacturing, Exporting and undertaking Turnkey Projects.

Peers
Company Name CMP
BHEL 52.95
Bharat Electronics 290.90
Thermax 2105.70
ISGEC Heavy Engg. 450.65
BEML 1756.15
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