BSE to Slap Hefty Fine for Smoking in its Premises - The New Indian Express

BSE to Slap Hefty Fine for Smoking in its Premises

Published: 05th December 2013 02:05 PM

Last Updated: 05th December 2013 02:09 PM

After witnessing fire incidents due to throwing of lighted cigarette butts within its premises, leading stock exchange BSE has announced hefty fines of up to Rs 1,000 on anybody found smoking in its buildings.

"BSE has been experiencing fire incidents due to throwing of lighted cigarette butts, which is very dangerous to the Buildings and its occupants. To overcome this issue, we request all the occupants of the BSE Buildings not to smoke in the Building premises of P J Towers, Rotunda and Cama Building.

"This will have two-pronged benefit of heightened safety and security for all the occupants," BSE said in a circular yesterday.

Declaring 'no smoking zone' at its premises, BSE said that anybody smoking in its buildings should be reported to the Security Department immediately for further action.

Anyone found smoking in the buildings would be levied a fine of Rs 500 on the first occasion and Rs 1000 for repeat offence.

"If the same person is found committing similar act for third time, this act of his will be assumed as malafide intention and will be reported to the police for necessary legal action for endangering the lives of the occupants and property in BSE Buildings," the exchange said.

The BSE said that all its buildings have been declared as 'No Smoking Zone' to avoid unwarranted fire hazards and these directives would need to be followed by all exchange members and occupants of its buildings.

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