12


Media Release

 

Additional criteria for transferring securities to 'Z' Group.

'Z' group was created to warn small investors who may get lured into investment of securities of companies, which are primarily non compliant with Listing Agreement.

Subsequently, the Exchange also started transferring securities into 'Z' group as a measure of Surveillance action. Further, the companies which have not dematerialized their securities by entering into an agreement with CDSL/NSDL were also shifted to 'Z' group.

It has now been decided to shift companies into 'Z' Group, which in the discretion of the Exchange are fundamentally weak in terms of networth, sales, market capitalization and profitability as an additional criteria.

Accordingly, it has been decided to shift 50 companies into 'Z' group w.e.f. 19th January, 2004, the list of which is enclosed. The Exchange will periodically review the companies, which are in 'Z' group and shift them as per the criteria. The aforesaid action is taken keeping in view the interest of the investing public.

 

 P.S. Reddy
 Chief General Manager-Department of Corporate Services

 January 12, 2004



No.

Scrip Code

Name of Company

1

508987

Abacus Computers Ltd

2

526955

ABL Bio-Technologies Ltd.

3

511589

Allianz Capital & Management Services Ltd.

4

500016

Aruna Sunrise Hotels Ltd.

5

512265

Avon Mercantile Ltd.

6

517246

BCC Fuba India Ltd.,

7

531671

Bisil Plast Ltd.

8

531723

Brilliant Securities Ltd.

9

507515

C.J. Gelatine Products Ltd.,

10

522001

Cranex Ltd.,

11

526829

Devarsa Gas-Chem Ltd.

12

524812

Emergy Phaarma Ltd.

13

513579

Foundry Fuel Products Ltd.

14

509024

Golden Legand Leasing & Finance Ltd

15

512493

Gslot Entertainment Ltd.

16

532058

Gujarat Arth Ltd.

17

532145

H.S.India Ltd.

18

509073

Hathway Bhawani Cabletel & Datacom

19

504810

Informed Technologies India Ltd.

20

502893

Ishwar Textiles Ltd.

21

530057

Ivee Injectaa Ltd.

22

523062

J.J. Finance Corporation Ltd.,

23

530955

Kailash Ficom Ltd.

24

524701

Kedia Chemical Industries Ltd.

25

511688

Mathew Easow Research Securities Lt

26

505336

Mirch Technologies Ltd.

27

511658

Nettlinx Ltd.

28

530377

Nila Infrastructures Ltd

29

511702

Parsharti Investments Ltd.

30

526043

Polymechplast Machines Ltd.,

31

523030

Rajdhani Leasing & Ind. Ltd.,

32

511607

Rathi Mercantile Industries Ltd.

33

531646

RFL International Ltd.

34

531324

Roselabs Finance Ltd.

35

526071

Sellaids Publications (Ind) Ltd

36

519031

Shah Foods Ltd

37

512417

Sharp Trading & Finance Limited

38

502550

Shiva Paper Mills Ltd.,

39

513488

Shree Steel Wire Ropes Ltd.

40

519285

Tarai Foods Ltd.

41

532355

Telephoto Entertainments Ltd.

42

513063

Trans-Freight Containers Ltd.,

43

531917

Twinstar Software Exports ltd.

44

526945

Tyroon Tea Co. Ltd.

45

511507

Ushakiran Finance Ltd.

46

503349

Victoria Mills Ltd.,

47

531051

Vintage Securities Ltd.

48

519457

Virat Crane Industries Ltd

49

530521

Virat Industries Ltd.

50

530063

Yashraj Containeurs Ltd.

 

Back