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NOTICES
Notice No.   20170821-25   Notice Date   21 Aug 2017
Category   Company related   Segment   Equity
Subject   Compulsory Delisting of Companies
 
Content

 Trading Members of the Exchange are hereby informed that the undermentioned 28 companies that have remained suspended for more than 10 years and are “under liquidation” would be delisted from the platform of the Exchange, with effect from August 23, 2017 pursuant to order of the Delisting Committee of the Exchange in terms of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (“Regulations”).

 

Sr. No.

Scrip Code

Company Name

1

511718

Athena Financial Services Ltd

2

512145

Credential Finance Ltd

3

500100

Daewoo Motors (India) Ltd

4

526624

Elbee Services Ltd

5

530409

Eupharma Laboratories Ltd

6

507711

Gilt Pack Ltd

7

532080

GTCL Mobile - Com Technology Ltd

8

532058

Gujarat Arth Ltd

9

523766

Iccon Oil & Specialities Ltd

10

531705

Lanyard Foods Ltd

11

523882

Magnus Rubber Industries Ltd

12

513601

Malhotra Steel Industries Ltd

13

531801

Manna Glass-Tech Industries Ltd

14

506954

Motorol Speciality Oils Ltd

15

523578

Murablack India Ltd

16

530725

Nubal (India) Ltd

17

507884

Numech Emballage Ltd

18

505783

Otoklin Plants & Equipments Ltd

19

517049

Punsumi India Ltd

20

521252

Radhika Spinning Mills Ltd

21

514073

Rajasthan Polyesters Ltd

22

521196

Ravi Spinning Ltd

23

516028

Shree Ambeshwar Paper Mills Ltd

24

531701

Shri Sainath Proteins Ltd

25

532043

Skip Plastics Ltd

26

514438

Superior Sox Ltd

27

517282

Transpower Engineering Ltd

28

531459

Ventron Polymers Ltd

 

 

1)    As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies:

 

·         The securities of these companies would cease to be listed and therefore not be available for trading on the platform of the Exchange.

·         Further, in terms of Regulation 24 of Delisting Regulations, the delisted company, its whole-time directors, promoters and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting.

 

2)    Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.

 

In case the Trading Members require any clarification, they may contact Mr. Kaustubh Kulkarni on 2272 8834/ Ms. Anshu Shrivastava on 2272 8534 or Ms. Arpita Joshi on 2272 8384.

 

Netra Sahani                                                                                   Abhijit Pai

Dy. General Manager                                                                    Dy. General Manager

 

Listing Compliance

August 21, 2017