BSE-Revocation of suspension
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Revocation of Suspension

Norms for Revocation of Suspension, Where the Suspension is for a period exceeding 1 year (Effective From June 1, 2012)

Sr.No. Particulars Norms
1 Trading in Compulsory Demat Should have signed with atleast one depository.

Provided that where the company has not signed with either/ both the depositories for dematerialization, it shall submit a letter from the relevant depository rejecting admission of the security in the depository
2 Information Memorandum Information Memorandum as provided in Schedule II of Companies Act, 1956 to the extent applicable, as certified by the Company Secretary/ MD of the Company
3 Other requirements
  • Entire issued capital of the company must be listed.
  • No investor complaints pending against the company.
  • The company is in compliance with clauses of the listing agreement, filings under SEBI regulations/ circulars, SCRA and SCRR.
  • The shareholding of promoter and promoter group entities shall be under lock-in from the date of in-principle revocation of suspension upto a period of 1 year following the date of commencement of trading, post revocation of suspension.
  • Company should have its own website.
  • Payment of listing fees and reinstatement fees as applicable.
4 Additional requirements
  • The trading in the securities of the company will be permitted only after the company demonstrates timely compliance for a period of 1 quarter succeeding the approval for revocation of suspension. Such companies in watch list will be displayed on www.bseindia.com
  • Promoters and Promoter group entities should not have diluted their shareholding (in terms of no. of shares) during the six months period prior to the date of revocation of suspension.
  • The names of the promoter and promoter group entities shall be displayed on the website www.bseindia.com


Checklist for Revocation of Suspension

Revocation of Suspension, Where the Suspension is for a period less than 1 year (Effective From June 1, 2012)

  • Entire issued capital of the company must be listed.
  • No investor complaints pending against the company.
  • The company is in compliance with clauses of the listing agreement, filings under SEBI regulations/ circulars, SCRA and SCRR.
  • The shareholding of promoter and promoter group entities shall be under lock-in for a period of 6 months from the date of commencement of trading, post revocation of suspension.
  • Company should have its own website.
  • Payment of reinstatement fees as applicable.