Welspun Enterprises delists from Vadodara Stock Exchange

Image
Capital Market
Last Updated : Nov 26 2015 | 12:01 AM IST

With effect from 09 November 2015

Welspun Enterprises announced that the Securities and Exchange Board of India ("SEBI") has, vide order dated 09 November 2015, directed the exit of Vadodara Stock Exchange ("VSE") as a stock exchange with effect from 09 November 2015.

Based on the exit order, The Company presume the following:

1. The equity shares of the Company, which were listed on VSE prior to the exit order, ceases to be listed on VSE w.e.f. 09 November 2015, without any further action required to be undertaken by the Company with regard to its delisting from VSE.

2. As a result, no compliances / payment of annual listing fee, as required under the Equity listing agreement/ SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 to be effective from December 01, 2015, are required to be made to VSE going forward.

Further, the equity shares of the Company will continue to be listed on the National Stock Exchange ("NSE") and the Bombay Stock Exchange (BSE).

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 25 2015 | 3:24 PM IST

Next Story