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Formalities for Revocation of Suspension of trading in scrip
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:
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1st Default |
2nd Default |
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Upto 1 Year of suspension
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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
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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
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Upto 2 Year of suspension
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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
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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
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Above 2 Year of Suspension
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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
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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
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Contact - Corporate Relationship Department, for
Formalities to be complied for Revocation of Suspension of trading in Scrips.
- Up to date submission of Quarterly Results upto March 2002.
- Up to date submission of Shareholding Pattern for quarter ended March 01, June 01, September 01, December 01 and March 2002
- Submission of Annual Reports up to Financial Year 2000 - 2001.
- Payment of Listing Fees upto Financial Year 2002 - 2003.
- Disclosures under Clause 40A read with SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 1997 of the Listing Agreement.
- Appointment of Compliance Officer.
- Submission of Compliance Certificate.
- Quarterly Compliance Report for Clause 49 of the Listing Agreement wherever applicable.
- Signing agreement with either NSDL or CDSL or both.
- Undertaking and Company Profile from the company in the prescribed format.
- Resolving all complaints of the investors as per the records of the Stock Exchange.
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Payment of Re-instatement Fees. The reinstatement fees payable 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 less.
For any further clarifications on the above please contact on the following telephone nos.:
2721233 /34 Ext.: 8478, 8009, 8469 and 8014.
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