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Notices
Notice No20181017-9Notice Date17 Oct 2018
CategoryCompany relatedSegmentEquity
SubjectSuspension of trading in securities of companies for non-compliances of certain Regulation of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Content

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 certain 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 company will be suspended w.e.f. October 19, 2018 on account of receipt of the notice of suspension of trading of this entity from other recognized stock exchange (i.e Metropolitan Stock Exchange of India Limited).  

Sr. No.

Scrip Code

Company Name

1

533790

KGN Enterprises Ltd

   

2)     Freezing of the entire promoter shareholding of the aforesaid company will continue as per Exchange notice no. 20180925-27 dated September 25, 2018.

 

Trading Members may further note that:

 

·         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, you may please contact Ms. Rashmi Armarkar on Tel. No. 022-22725645/ Mr. Manish Raval on 022-22725025.

 

 

 

Netra Sahani                                                                                     Sambhaji Solat

Dy. General Manager                                                                        Associate Manager

 

October 17, 2018