As per the provision of Securities Contracts (Regulation) Rules, 1957 and the Rules, Bye-laws and Regulations of the Exchange, a Company listed on BSE Limited is required to comply with various clauses of the Listing Agreement, failing which trading in securities of such defaulting Companies is liable for suspension.
Trading members are requested to take note that the following 28 Companies have failed to comply with various provisions of the Listing Agreement up to quarter ended June 2013.
Sr. No
|
Scrip Code
|
Company Name
|
1
|
532919
|
Allied Computers International (Asia) Ltd
|
2
|
501622
|
Amalgamated Electricity Company Ltd
|
3
|
531678
|
Anand Credit Ltd
|
4
|
517565
|
Ashco Niulab Industries Ltd
|
5
|
532542
|
Crew B.O.S. Products Ltd
|
6
|
531470
|
Emporis Projects Ltd
|
7
|
531337
|
Iris Mediaworks Ltd
|
8
|
531269
|
KLG Systel Ltd
|
9
|
530039
|
Lords Chemicals Ltd
|
10
|
514446
|
LS Industries Ltd
|
11
|
501209
|
Maestros Mediline Systems Ltd
|
12
|
530497
|
Marvel Capital & Finance India Ltd
|
13
|
530375
|
Nakshatra Infrastructure Ltd
|
14
|
501482
|
Parekh Distributors Ltd
|
15
|
504288
|
Polar Industries Ltd
|
16
|
532435
|
Sanmit Infra Ltd
|
17
|
511503
|
Secure Earth Technologies Ltd
|
18
|
523359
|
Sharp Industries Ltd
|
19
|
532029
|
Sindhu Trade Links Ltd
|
20
|
522042
|
SM Energy Teknik & Electronics Ltd
|
21
|
532249
|
Sql Star International Ltd
|
22
|
513530
|
Stelco Strips Ltd
|
23
|
531013
|
Sun Granite Exports Ltd
|
24
|
533639
|
Taksheel Solutions Ltd
|
25
|
522091
|
United Van Der Horst Ltd
|
26
|
521046
|
Vanasthali Textile Industries Ltd
|
27
|
530487
|
Vibros Organics Ltd
|
28
|
512345
|
Yash Trading & Finance Ltd
|
Trading in securities of these 28 Companies will be suspended w.e.f. Monday, December 30, 2013 (being 15 trading days from issue of notice); on account of non-compliance with the provisions of the Listing Agreement.
(i) In case, the Company complies (to the satisfaction of the Exchange) with all the provisions of the Listing Agreement on or before Thursday, December 19, 2013; trading in securities of the company will be suspended for Five Trading Days i.e. up to Friday, January 03, 2014.
(ii) However, in case the Company fails to comply with the provisions of the Listing Agreement, to the satisfaction of the Exchange on or before Thursday, December 19, 2013; the suspension will continue till such time the Company complies with the procedure prescribed for revoking suspension in a scrip and the Company complies with all extant norms for revocation of suspension laid out by the Exchange.
It may be noted that suspension of trading in securities of a Company will be revoked only if the Company has complied with all the provisions of the Listing Agreement up to the latest quarter for which the compliances are required.