The move is part of the exchange's efforts to provide its members with a robust and efficient system for trading.
Members should have net worth of Rs 1cr, there shouldn't be any disciplinary action against member in last one year
BSE said there has been substantial increase in manipulation/abrupt movement in the prices of securities wherein common modus operandi is through preferential allotment
Cummins India, KPIT Technologies and Indo Count Industries are the other companies
The S&P BSE Sensex ended the session at 22,976 , down 113 points while the Nifty50 closed down by 48 points at 6,971- fresh 52-week closing low
Sebi had restrained 22 trading members from the securities markets misusing stock exchange platform for tax evasion