CSE announces disciplinary action against Bimputh Finance board

The capital market operator, the Colombo Stock Exchange (CSE), yesterday announced that disciplinary action has been taken against Bimputh Finance PLC, for non-compliance.
Since the company has failed to submit the annual report for the financial year ended on March 31, 2022 and therefore continues to act in violation of the listing rules, a decision has been taken to impose a penalty.

Accordingly, a penalty of Rs.1 million (Rs. 1,000,000) was imposed on each director of the board of directors of the company on January 5, 2024, in terms of the SEC Directive dated October 6, 2023.