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NOTICES
Notice No.   20131205-19   Notice Date   05 Dec 2013
Category   Company related   Segment   Equity
Subject   Suspension of trading in securities of 28 Companies for non-compliances of various clauses of the Listing Agreement
 
Content

 

As per the provision of Securities Contracts (Regulation) Rules, 1957 and the Rules, Bye-laws and Regulations of the Exchange, a Company listed on BSE Limited is required to comply with various clauses of the Listing Agreement, failing which trading in securities of such defaulting Companies is liable for suspension.

 

Trading members are requested to take note that the following 28 Companies have failed to comply with various provisions of the Listing Agreement up to quarter ended June 2013.

 

 

Sr. No

Scrip Code

Company Name

1

532919

Allied Computers International (Asia) Ltd

2

501622

Amalgamated Electricity Company Ltd

3

531678

Anand Credit Ltd

4

517565

Ashco Niulab Industries Ltd

5

532542

Crew B.O.S. Products Ltd

6

531470

Emporis Projects Ltd

7

531337

Iris Mediaworks Ltd

8

531269

KLG Systel Ltd

9

530039

Lords Chemicals Ltd

10

514446

LS Industries Ltd

11

501209

Maestros Mediline Systems Ltd

12

530497

Marvel Capital & Finance India Ltd

13

530375

Nakshatra Infrastructure Ltd

14

501482

Parekh Distributors Ltd

15

504288

Polar Industries Ltd

16

532435

Sanmit Infra Ltd

17

511503

Secure Earth Technologies Ltd

18

523359

Sharp Industries Ltd

19

532029

Sindhu Trade Links Ltd

20

522042

SM Energy Teknik & Electronics Ltd

21

532249

Sql Star International Ltd

22

513530

Stelco Strips Ltd

23

531013

Sun Granite Exports Ltd

24

533639

Taksheel Solutions Ltd

25

522091

United Van Der Horst Ltd

26

521046

Vanasthali Textile Industries Ltd

27

530487

Vibros Organics Ltd

28

512345

Yash Trading & Finance Ltd

 

 

Trading in securities of these 28 Companies will be suspended w.e.f. Monday, December 30, 2013 (being 15 trading days from issue of notice); on account of non-compliance with the provisions of the Listing Agreement.

 

(i)                  In case, the Company complies (to the satisfaction of the Exchange) with all the provisions of the Listing Agreement on or before Thursday, December 19, 2013; trading in securities of the company will be suspended for Five Trading Days i.e. up to Friday, January 03, 2014.

 

(ii)                However, in case the Company fails to comply with the provisions of the Listing Agreement, to the satisfaction of the Exchange on or before Thursday, December 19, 2013; the suspension will continue till such time the Company complies with the procedure prescribed for revoking suspension in a scrip and the Company complies with all extant norms for revocation of suspension laid out by the Exchange.

 

 

It may be noted that suspension of trading in securities of a Company will be revoked only if the Company has complied with all the provisions of the Listing Agreement up to the latest quarter for which the compliances are required.

 

For further clarification on the above, you may please contact Ms. Arpita Joshi on 2272 8384/ 8559

 

 

 

 

Netra Sahani                                                               Jeevan Noronha

Asst. General Manager                                               Manager

 

December 05, 2013