Brightcom Group slides nearly 7% after Sebi continues ban on promoter Suresh Reddy
In a confirmatory order on Wednesday, Sebi said that its restriction imposed on Reddy would continue in a case regarding irregularities in preferential allotments of shares made by the company.
![Brightcom Group slides nearly 7% after Sebi continues ban on promoter Suresh Reddy](https://cdn.zeebiz.com/sites/default/files/2024/02/29/282486-sebinewlogoreuters.jpg?im=FitAndFill=(1200,900))
In its order, Sebi said, "Besides, he would continue to be restrained from holding the position of a director or a Key Managerial Personnel in any listed company or its subsidiaries." Photo: Reutres/Representational