Business Standard

BSE to suspend trading in 31 securities

These companies have not fulfilled the BSE requirements for continuous listing till the quarter ended June 2012

Related News

Leading bourse today said it will suspend trading in shares of 31 companies, including and Jupiter Bioscience, with effect from January 16 for their failure to comply with various provisions of the exchange's listing agreement.

These companies have not fulfilled the BSE requirements for continuous listing till the quarter ended June 2012, the exchange said in a circular.

"Trading in securities of these 31 Companies will be suspended with effect from January 16, 2013 (being 15 trading days from issue of notice), on account of non-compliance with the provisions of the listing agreement," BSE said.

The companies facing suspension include Aditya Forge, Aster Silicates, Indo-Pacific Software & Entertainment, TeleCanor Global, Prime Industries, Ellora Paper Mills, Sarang Chemicals, Linkhouse Industries and Mahalaxmi Seamless.

Other companies include Gujarat Meditech, Marvel Capital & Finance (India) Ltd, Socrus Bio Sciences, Powersoft Global Solutions, TeleCanor Global and Silktex.

The exchange said if these companies comply with listing provisions on or before January 8, trading in their securities would be suspended for five days up to January 22.

However, If they fail to do so, the suspension would continue till such time the company complies with the procedure laid for revoking suspension, it added.

Read more on:   
|

Read More

Two entities fail to make prima facie case to revoke ban: Sebi

The Securities and Exchange Board of India (Sebi) today said the restraining order on two entities, related to plunge in some mid-cap stocks in July, ...

Quick Links

 

Market News

Lead gain 0.2% on global cues

Rising domestic spot demand from battery-makers also supported the upside

Ceat gains on plans to hike FII holding limit

The company plans to hike FII holding to 45% from 24%

Refined soya oil up 0.8% on spot demand

Oil for delivery in December edged higher by 0.49%

Mentha oil up 0.3% on rising demand

Oil for delivery in October gained 0.31%

Cardamom up 2% on rising demand

Spice for delivery in December gained 0.59%

Back to Top