BSE to suspend trading in 31 securities
Leading bourse BSE today said it will suspend trading in shares of 31 companies, including Jyothy Consumer Products andJupiter Bioscience, with effect from January 16 for their failure to comply with various provisions of the exchange's listing agreement.
These companies have not fulfilled the BSE requirements for continuous listing till the quarter ended June 2012, the exchange said in a circular.
"Trading in securities of these 31 Companies will be suspended with effect from January 16, 2013 (being 15 trading days from issue of notice), on account of non-compliance with the provisions of the listing agreement," BSE said.
The companies facing suspension include Aditya Forge, Aster Silicates, Indo-Pacific Software & Entertainment, TeleCanor Global,Prime Industries, Ellora Paper Mills, Sarang Chemicals, Linkhouse Industries and Mahalaxmi Seamless.
Other companies include Gujarat Meditech, Marvel Capital & Finance (India) Ltd, Socrus Bio Sciences, Powersoft Global Solutions, TeleCanor Global and Silktex.
The exchange said if these companies comply with listing provisions on or before January 8, trading in their securities would be suspended for five days up to January 22.
However, if they fail to do so, the suspension would continue till such time the company complies with the procedure laid for revoking suspension, it added. (NDTV)
Category : Shares & Stock | Comments : 0 | Hits : 210
Get Free Daily Updates Via e-Mail on Income Tax, Service tax, Excise and Corporate law
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000

Comments