Banganga Paper Industries Limited has received an administrative warning from SEBI due to non-compliance in its application for a name change.

The company failed to include a chartered accountant’s certificate confirming compliance with specific regulatory conditions in the shareholders’ approval notice.

SEBI has cautioned the company to avoid such lapses, emphasizing that repeated violations could lead to stricter enforcement actions.

This highlights the need for stricter adherence to disclosure requirements, ensuring smoother regulatory processes and safeguarding shareholder trust.