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. November 26, 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., March 2018 and June 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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532831
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Abhishek Corporation Ltd *
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2
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539693
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Alora Trading Company Ltd
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|
3
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530261
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Arcuttipore Tea Company Ltd *
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|
4
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526594
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B Nanji Enterprises Ltd
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|
5
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530801
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Diamond Infosystems Ltd
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6
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524588
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Emed.com Technologies Ltd
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7
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500139
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Fedders Electric and Engineering Ltd
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8
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539853
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Golden Capital Services Ltd
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|
9
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504701
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Gontermann Peipers India Ltd
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|
10
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533525
|
HealthFore Technologies Ltd
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11
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531840
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IEC Education Ltd *
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|
12
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530701
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KDJ Holidayscapes and Resorts Ltd
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|
13
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519570
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Lakshmi Overseas Industries Ltd
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14
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532718
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Pratibha Industries Ltd
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15
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507652
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Ratnamani Agro Industries Ltd
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16
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530439
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Siddha Ventures Ltd
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17
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532877
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Simplex Projects Ltd
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|
18
|
533305
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SRS Real Infrastructure Ltd
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19
|
513597
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Surana Industries Ltd #
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20
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539008
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Tirupati Fincorp Ltd
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21
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526941
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Vaishno Cement Company Ltd
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22
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522015
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VCCL Ltd
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23
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526441
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Vision Cinemas Ltd *
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(*) 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. November 26, 2018 (being 21 days from issue of this notice).
(#) For, Surana Industries Ltd, kindly refer to the Exchange notice no. 20181101-19 dated November 1, 2018.
2) Freezing of the entire promoter shareholding of the aforesaid companies w.e.f. November 02, 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 November 20, 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 November 20, 2018; then :-
· Trading in the securities of the companies would be suspended w.e.f. November 26, 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 or email at bse.soplodr@bseindia.com
Netra Sahani Sambhaji Solat
Dy. General Manager Associate Manager
Listing Compliance Listing Compliance
November 02, 2018
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