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. October 8, 2020 (being 21 days from issue of this notice); on account of non-compliance with Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018 for two consecutive quarters i.e. December 2019 & March 2020.
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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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538423
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Alps Motor Finance Ltd*
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2
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535142
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Channel Nine Entertainment Ltd*
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3
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540903
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CRP Risk Management Ltd
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|
4
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532332
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Cura Technologies Ltd*
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|
5
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534839
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Eco Friendly Food Processing Park Ltd*
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|
6
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535694
|
eDynamics Solutions Ltd*
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|
7
|
514118
|
Eskay KnIT India Ltd*
|
|
8
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534927
|
Esteem Bio Organic Food Processing Ltd*
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|
9
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534757
|
Focus Industrial Resources Ltd*
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|
10
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540945
|
Focus Suites Solutions & Services Ltd
|
|
11
|
538180
|
Gold Line International Finvest Ltd
|
|
12
|
535217
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HPC Biosciences Ltd*
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|
13
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538541
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Inceptum Enterprises Ltd*
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|
14
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534659
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Jointeca Education Solutions Ltd
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|
15
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535658
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Pawansut Holdings Ltd*
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16
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536592
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Satkar Finlease Ltd **
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|
17
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538575
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Solis Marketing Ltd*
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|
18
|
500399
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Steelco Gujarat Ltd
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|
19
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530403
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Vallabh Poly Plast International Ltd
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* These companies are already suspended vide notice no. 20200303-40 dated March 3, 2020.
** The company has already been suspended vide notice no. 20200619-32 dated June 19, 2020.
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 September 16, 2020 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 the provisions of the Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018 on or before October 5, 2020; 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 the Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018 to the satisfaction of the Exchange on or before October 5, 2020; then:-
· Trading in the securities of the companies would be suspended w.e.f October 8, 2020, and the suspension will continue till such time the Company complies.
· 15 days after suspension has been effected, trading in the shares of non-compliant companies would be allowed on Trade for Trade basis 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, please email at bse.soplodr@bseindia.com
Sambhaji Solat Manish Raval
Manager Deputy Manager
Listing Compliance Listing Compliance
September 16, 2020
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