Dhaka, May 21 -- The Bangladesh Securities and Exchange Commission (BSEC) has imposed a total fine of Tk 2 crore 83 lakh on directors, managing directors, and senior officers of three listed companies for securities law violations, according to a press release issued on Thursday.

The decisions were taken at the 1014th Commission meeting held on May 19, chaired by BSEC Chairman Khondoker Rasheed Maqsood.

In the first case, the Commission fined a total of Tk 1 crore 40 lakh on seven directors and officers of Khan Brothers PP Woven Bag Industries Limited for providing false information in audited financial statements for the fiscal year ended June 30, 2023, in violation of securities laws.

Among those penalised, Chairman Mohammed Enamul K...