The move is aimed at ensuring safety of investors in the capital market.
"Based on the parameters provided by Sebi and under provisions of rules, bye-laws and regulation of the exchange, as an interim preventive and remedial measure and to maintain orderly development in the securities market, trading in the securities of the (20) companies will be suspended with effect from August 28, 2015 until further notice," BSE said in a circular.
Yesterday, BSE (formerly known as Bombay Stock Exchange) listed out 40 companies including Gujchem Distillers India and Zodiac Ventures that will face suspension of trading from tomorrow. Besides, 17 companies has already started facing suspension in trading from today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%