Trading Members of the Exchange are hereby informed that the undermentioned 1 company that has remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from July 22, 2022 in terms of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (“Regulations”).
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Sr. No.
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Scrip Code
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Company Name
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1
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524250
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Lalit Polymers & Electronics Ltd.
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As the company is under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting
Regulation 24: “Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting……..,”
In case the Trading Members require any clarification, they may email id bse.delistscn@bseindia.com.
Netra Sahani Arpita Joshi
Addl. General Manager Manager
Listing Compliance
July 20, 2022
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