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Media Release

TWO COMPANIES SUSPENDED

 

The authorities of the Exchange have suspended trading in the equity shares of the following companies:

Name of the Company

Period of Suspension

Reason for Suspension

Beta Napthol Ltd., Indore

11/01/2000 to 13/01/200

The Company has not been responding to the complaints of investors regarding non-receipt of shares after transfer, etc., for quite some time. Letters issued to the company returned "undelivered".

Prakash Fortran Softech Ltd., Indore

11/01/2000 to 13/01/200

The company violated certain provisions of the listing agreement. It is also observed that the price in the scrip has increased in a short span of time.

The above actions have been taken as proactive measures in the interest of the investors.



(A.N. Joshi)
Executive Director

Monday, January 10, 2000.

 

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