NSE issues notices to IL&FS Group firms, others for non-compliance with listing norms

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Press Trust of India New Delhi
Last Updated : Dec 10 2018 | 6:05 PM IST

The National Stock Exchange (NSE) has imposed fines and issued notices to as many as 60 companies, including two IL&FS group firms, Videocon Industries and Unitech, for non-compliance with listing regulations.

ABG Shipyard and Bharati Defence and Infrastructure are among the other entities, according to a communication.

The exchange would initiate further regulatory action on the companies, which could include suspension, if they do not comply with the requirement, it added.

These firms have not made required submissions to the exchange as per listing regulations within the prescribed time limit for the quarter ended September 2018.

In a communication to investors, the NSE said the "exchange has levied fines and also issued notices for such non-compliances to the companies."

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First Published: Dec 10 2018 | 6:05 PM IST

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