The trading in the securities of the company shall trigger
suspension on account of following non-compliances
|Clause 3, 12, 21
redressal of 25 or more investors’ complaints in respect
of non-compliance with these clauses, where the same is
outstanding for a period of more than 45 days
35 – Shareholding Pattern
of shareholding pattern for 2 consecutive quarters.
41 – Quarterly Results
submission of financial results for 2 consecutive quarters.
49 – Corporate Governance
submission of Corporate Governance report for 2 consecutive
55A (1) and (2) of the SEBI (Depositories and Participants)
Regulations, 1996 – Reconciliation of Shares and Capital
submission of Report on Reconciliation of Shares and Capital
Audit for 2 consecutive quarters
compliance with clauses of listing agreement including
exchange may suspend trading in the securities for non-compliance
with clauses of the listing agreement, for reasons other
than the specific triggers given above, considering the
seriousness of the non-compliance. This may include a
combination of the specific clauses discussed above, even
though the triggers have not been breached.
While analyzing the case for non submission, companies which have
submitted incorrect, incomplete or undecipherable report whereby the
said report could not be disseminated or taken on record, the same
would be treated as non submission and dealt with accordingly.