Pursuant to the provisions of Circular no. CIR/CFD/CMD/12/2015 dated November 30, 2015 issued by Securities and Exchange Board of India (SEBI) with respect to Standard Operating Procedure (SOP) for suspension and revocation of equity shares of listed entities for non-compliance with provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Trading members are requested to note that the following will be effected:
1) Trading in securities of the undermentioned companies will be suspended w.e.f. September 10, 2018 (being 21 days from issue of this notice); on account of non-compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for two consecutive quarters i.e., December 2017 and March 2018.
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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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532751
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Easun Reyrolle Ltd
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2
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532715
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Gitanjali Gems Ltd
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3
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530927
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Haryana Financial Corporation Ltd
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4
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531565
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Indo Pacific Projects Ltd
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5
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539200
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Noble Polymers Ltd*
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6
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531816
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Panoramic Universal Ltd
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7
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514484
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Thambbi Modern Spinning Mills Ltd
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8
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535466
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Samruddhi Realty Ltd#
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9
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520077
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Amtek Auto Ltd
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(#) Company has submitted the financial results under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for half year ended September 2017 and March 2018. However, it has not paid the applicable fines. Company will be traded in “MT” group. Company would be suspended w.e.f. September 10, 2018 (being 21 days from issue of this notice).
(*) Company has submitted the financial results as on date. However, it has not paid the applicable fines. Hence, as per the provisions of Circular no. CIR/CFD/CMD/12/2015 dated November 30, 2015 issued by Securities and Exchange Board of India (SEBI), Company would be suspended w.e.f. September 10, 2018 (being 21 days from issue of this notice).
2) Freezing of the entire promoter shareholding of the aforesaid companies w.e.f. August 17, 2018 till further notice.
Trading Members may further note that:
a) In case, any of the aforesaid companies comply (to the satisfaction of the Exchange) with all the provisions of SEBI Listing Regulations, 2015 including payment of fines on or before September 4, 2018; trading in securities of the said companies will not be suspended.
b) However, in case the aforesaid companies fail to comply with the provisions of SEBI Listing Regulations, 2015, to the satisfaction of the Exchange on or before September 4, 2018; then :-
· Trading in the securities of the companies would be suspended w.e.f. September 4, 2018 and the suspension will continue till such time the Company complies including payment of fines.
· 15 days after suspension has been effected, trading in the shares of non-compliant companies would be allowed on Trade for Trade basis in Z group only on the first trading day of every week for six months.
· Revocation of suspension would be subject to the companies further complying with the procedure and all extant norms prescribed for revocation of suspension.
For further clarification on the above, you may please contact Ms. Rashmi Armarkar on 22725645/ Mr. Manish Raval on Tel No. 22725025/ Mr. Sambhaji Solat on Tel No. 22728074 or email at bse.soplodr@bseindia.com
Netra Sahani Sambhaji Solat
Dy. General Manager Associate Manager
August 17, 2018
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