Pursuant to the provisions of Circular No. SEBI/HO/CFD/CMD/CIR/P/2018/77 dated May 3, 2018 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 April 9, 2019 (being 21 days from issue of this notice); on account of non-compliance with Regulation 17 and/or 18 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for two consecutive quarters i.e., September 2018 & December 2018.
|
Sr. No.
|
Scrip Code
|
Name of the Company
|
Non Compliant for Regulations
|
|
1
|
521048
|
Advance Lifestyles Ltd *
|
17&18
|
|
2
|
522273
|
Ahmedabad Steelcraft Ltd
|
17
|
|
3
|
538861
|
Amsons Apparels Ltd
|
17
|
|
4
|
513142
|
Balasore Alloys Ltd
|
17
|
|
5
|
514272
|
Bhilwara Spinners Ltd
|
17
|
|
6
|
540071
|
Camson Seeds Ltd
|
17
|
|
7
|
532902
|
Consolidated Construction Consortium Ltd.*
|
17
|
|
8
|
531463
|
Global Infratech & Finance Ltd
|
18
|
|
9
|
526899
|
Himalaya Food International Ltd
|
17&18
|
|
10
|
503881
|
Hind Syntex Ltd
|
17
|
|
11
|
500202
|
India Lease Development Ltd
|
18
|
|
12
|
513361
|
India Steel Works Ltd
|
17
|
|
13
|
532033
|
Jain Studios Limited *
|
17&18
|
|
14
|
530537
|
Manraj Housing Finance Ltd
|
17
|
|
15
|
532164
|
Minolta Finance Ltd
|
18
|
|
16
|
523242
|
NB Footwear Ltd
|
18
|
|
17
|
531049
|
Neelkanth Rockminerals Ltd
|
17
|
|
18
|
533008
|
OCL Iron and Steel Ltd *
|
17&18
|
|
19
|
531157
|
Organic Coatings Ltd
|
17
|
|
20
|
500322
|
Panyam Cements & Mineral Industries Ltd
|
17
|
|
21
|
532676
|
PBA Infrastructure Limited *
|
18
|
|
22
|
500143
|
PH Capital Ltd
|
18
|
|
23
|
512026
|
PH Trading Ltd
|
18
|
|
24
|
517556
|
PVP Ventures Limited *
|
17
|
|
25
|
526193
|
Royal Cushion Vinyl Products Ltd
|
17&18
|
|
26
|
514197
|
S & T Corporation Ltd
|
17&18
|
|
27
|
526093
|
Sathavahana Ispat Ltd *
|
17
|
|
28
|
511760
|
Seven Hill Industries Ltd
|
18
|
|
29
|
519031
|
Shah Foods Ltd
|
17
|
|
30
|
524602
|
Shiva Medicare Ltd
|
17&18
|
|
31
|
532643
|
Shree Ganesh Forgings Ltd
|
17&18
|
|
32
|
513418
|
Smiths & Founders (India) Ltd
|
17
|
|
33
|
530495
|
Stratmont Industries Ltd
|
18
|
|
34
|
535141
|
Sunstar Realty Development Ltd
|
17
|
|
35
|
523842
|
Super Tannery Ltd
|
17
|
|
36
|
518075
|
Suraj Products Ltd
|
17
|
|
37
|
521038
|
Tamilnadu Jai Bharath Mills Ltd *
|
18
|
|
38
|
524204
|
Teesta Agro Industries Ltd
|
17
|
|
39
|
523724
|
Vijay Shanthi Builders Ltd *
|
17
|
|
40
|
511642
|
Wisec Global Ltd
|
18
|
(*) Companies are complied with Regulation 17 and/or Regulation 18 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as on date. However, it has not paid the applicable fines. Hence, as per the provisions of Circular No. SEBI/HO/CFD/CMD/CIR/P/2018/77 dated May 3, 2018 issued by Securities and Exchange Board of India (SEBI), Company would be suspended w.e.f. April 9, 2019 (being 21 days from issue of this notice).
2) Freezing of the entire shareholding of the promoter and promoter group in the noncompliant listed entity as well as all other securities held in the demat account(s) of the promoter and promoter group w.e.f March 18, 2019 till further notice.
Trading Members may further note that:
a) In case, the aforesaid companies comply (to the satisfaction of the Exchange) with all the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including payment of fines on or before April 4, 2019; 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 Obligations and Disclosure Requirements) Regulations, 2015, to the satisfaction of the Exchange on or before April 4, 2019; then:-
· Trading in the securities of the companies would be suspended w.e.f. April 9, 2019, 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. Mangalam Iyer on 022-22725780 / Ms. Rashmi Armarkar on 022-22725645 / Mr. Manish Raval on 022-22725025/ Mr. Sambhaji Solat on Tel No. 022-22728074.
Netra Sahani Abhijit Pai
Dy. General Manager Dy. General Manager
Listing Compliance Listing Compliance
March 18, 2019 |