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Revision in Reinstatement Fees for revoking suspension in trading of securities

The Stock Exchange Authorities have decided to revise Reinstatement fees payable by the companies for revoking suspension of trading in securities of the company.

The current structure for charging re-instatement fees is as follows:

  • 0.001% of the paid-up capital per day for the number of days of suspension

    • or
  • Listing fees for each year of suspension, whichever is lower.
The revised slabs applicable w.e.f 1st July, 2002 are as stated below:

  1st Default 2nd Default
Upto 1 Year of suspension
  • 0.001% of the paid-up capital per day for the number of days of suspension

    • or

  • Listing Fees for each year of suspension, whichever is higher
    		•
  • 0.002% of the paid-up capital per day for the number of days of suspension

    • or

  • Listing Fees for each year of suspension, whichever is higher
    		•
    Upto 2 Year of suspension
  • 0.002% of the paid-up capital per day for the number of days of suspension

    • or

  • Listing Fees for each year of suspension, whichever is higher
    		•
  • 0.005% of the paid-up capital per day for the number of days of suspension

    • or

  • Listing Fees for each year of suspension, whichever is higher
    		•
    Above 2 Year of Suspension
  • 0.005% of the paid-up capital per day for the number of days of suspension

    • or

  • Listing Fees for each year of suspension, whichever is higher
    		•
  • 0.005% of the paid-up capital per day for the number of days of suspension

    • or

  • Listing Fees for each year of suspension, whichever is higher
    		•


    Kalpana Maniar
    General Manager- Corporate Relations

    February 20, 2002

         		 

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