SEBI vide circular SEBI/HO/MRD/DSA/CIR/P/2016/110 dated October 10, 2016 prescribed procedures for removal of names of Exclusively Listed Companies (ELCs) from Dissemination Board of Nationwide Stock Exchanges.
Subsequently, SEBI issued following letters giving clarity to the processes to be followed by Designated Stock Exchanges for removal of names of ELCs from Dissemination Board.
1) SEBI/HO/MRD/DSA/OW/P/2017/7699/2 dated April 06, 2017
2) MRW/ OW / 2825 / 1 dated June 5, 2017
3) MRD/OW/DSA//2017/17463/1 dated July 25, 2017
Now, SEBI has issued circular SEBI/HO/MRD/DSA/CIR/P/2017/92 dated August 1, 2017 regarding action against Exclusively Listed Companies and its Promoters / Directors pending Exit Offer to the shareholders.
A copy of the said circular is attached.
For further details, you may contact the following at BSE.
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Name of the Official
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Email Id
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Contact No.
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Atul Dhotre
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atul.dhotre@bseindia.com
direct.listing@bseindia.com
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+91-22-22728934
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Siddiqa Raeen
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siddiqa.raeen@bseindia.com
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+91-22-22728154
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Siddhi Keluskar
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Siddhi.Keluskar@bseindia.com
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+91-22-22725603
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For, BSE Ltd.
Bhushan Mokashi Atul Dhotre
Addl. General Manager Sr. Manager
August 3, 2017
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