Sebi issues warning to J&K Bank for delayed disclosure of MD appointment

Sebi has cautioned J&K Bank for delayed disclosure of the appointment of its MD & CEO, Amitava Chatterjee. The disclosure, crucial due to the stock price surge, was made 1 hour and 40 minutes late. Sebi urged the bank to improve compliance to prevent future infractions.

Sebi issues warning to J&K Bank for delayed disclosure of MD appointment
Sebi has cautioned J&K Bank for delayed disclosure of the appointment of its MD & CEO, Amitava Chatterjee. The disclosure, crucial due to the stock price surge, was made 1 hour and 40 minutes late. Sebi urged the bank to improve compliance to prevent future infractions.