Trading Members of the Exchange are hereby informed that the undermentioned 55 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from August 23, 2017 pursuant to order of the Delisting Committee of the Exchange in terms of Section 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 (“Regulations”). Section 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that “If the securities is delisted under clause (1), ……. the said securities shall be delisted from all recognized stock exchanges”.
|
Sr. No.
|
Scrip Code
|
Company Name
|
|
1
|
511325
|
Alpic Finance Ltd*
|
|
2
|
531683
|
Ankur Drugs & Pharma Ltd*
|
|
3
|
503897
|
Arihant Industries Ltd
|
|
4
|
517565
|
Ashco Niulab Industries Ltd
|
|
5
|
523808
|
Bhor Industries Ltd
|
|
6
|
532781
|
Blue Bird (India) Ltd*
|
|
7
|
500080
|
Cauvery Software Engineering Systems Ltd
|
|
8
|
524418
|
CDR Medical Industries Ltd
|
|
9
|
511272
|
CFL Capital Financial Services Ltd*
|
|
10
|
532306
|
Compudyne Winfosystems Ltd*
|
|
11
|
531224
|
Computech International Ltd
|
|
12
|
531852
|
Consortex Kart Doelitzsch (India) Ltd
|
|
13
|
533011
|
Coral Hub Ltd
|
|
14
|
500091
|
Core Healthcare Ltd
|
|
15
|
532542
|
Crew B.O.S. Products Ltd*
|
|
16
|
532608
|
Deccan Chronicle Holdings Ltd
|
|
17
|
532903
|
Dhanus Technologies Ltd*
|
|
18
|
521125
|
D.R. Industries Ltd*
|
|
19
|
523864
|
DSQ Software Ltd
|
|
20
|
512127
|
ETP Corporation Ltd
|
|
21
|
530387
|
European Software Alliances Ltd
|
|
22
|
532818
|
Evinix Accessories Ltd
|
|
23
|
500177
|
Hanil Era Textiles Ltd*
|
|
24
|
515143
|
Haryana Sheet Glass Ltd
|
|
25
|
526486
|
Hitechi Jewellery Industries Ltd
|
|
26
|
523758
|
Information Technologies (India) Ltd
|
|
27
|
512185
|
IOL Netcom Ltd*
|
|
28
|
511270
|
KMF Ltd
|
|
29
|
532901
|
Koutons Retail India Ltd*
|
|
30
|
523407
|
Lan Eseda Industries Ltd
|
|
31
|
500311
|
Nuchem Ltd
|
|
32
|
524170
|
DSQ Biotech Ltd*
|
|
33
|
500323
|
Parekh Platinum Ltd
|
|
34
|
526562
|
Pearl Engineering Polymers Ltd
|
|
35
|
504288
|
Polar Industries Ltd
|
|
36
|
532791
|
Pyramid Saimira Theatre Ltd*
|
|
37
|
526089
|
Roofit Industries Ltd
|
|
38
|
530729
|
Scintilla Software Technology Ltd
|
|
39
|
502452
|
Shree Vindhya Paper Mills Ltd
|
|
40
|
531890
|
Snowcem India Ltd*
|
|
41
|
518071
|
Somani Cement Company Ltd
|
|
42
|
523033
|
Soundcraft Industries Ltd*
|
|
43
|
508976
|
Spanco Ltd
|
|
44
|
506059
|
Steel Tubes of India Ltd
|
|
45
|
532211
|
Sun Earth Ceramics Ltd
|
|
46
|
533639
|
Taksheel Solutions Ltd
|
|
47
|
532358
|
Teledata Informatics Ltd
|
|
48
|
533462
|
Teledata Marine Solutions Ltd*
|
|
49
|
533089
|
Teledata Technology Solutions Ltd*
|
|
50
|
532677
|
Vikash Metal & Power Ltd
|
|
51
|
532360
|
Vintage Cards & Creations Ltd*
|
|
52
|
532618
|
Vishal Exports Overseas Ltd
|
|
53
|
532383
|
Vision Organics Ltd
|
|
54
|
531369
|
Wellwin Industry Ltd
|
|
55
|
509419
|
Wopolin Plastics Ltd*
|
* These companies are under liquidation. Exit price is not applicable to these companies. However consequences under Regulation 24 of the Delisting Regulations are applicable to such companies.
1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies:
· The securities of these companies would cease to be listed and therefore not be available for trading on the platform of the Exchange.
· Promoters of these delisted companies will be required to purchase the shares from the public shareholders as per the fair value determined by the independent valuer appointed by the Exchange, as mentioned in the Public Notice to be issued shortly.
· Further, in terms of Regulation 24 of Delisting Regulations, the delisted company, its whole-time directors, promoters and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting.
2) As per SEBI circular no. SEBI/HO/CFD/DCR/CIR/P/2016/81 dated September 7, 2016, till the time promoters of the Company provide an exit option to the public shareholders in terms of value determined by the Valuer, the following consequences of compulsory delisting would also apply:
· Non-transferability of any of equity shares by the Company, by way of sale, pledge, etc., of any of the equity shares.
· Freezing of equity shares and corporate benefits thereof held by the promoters/ promoter group.
· The promoters and whole-time directors of the Company shall not be eligible to become directors of any listed company.
3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
In case the Trading Members require any clarification, they may contact Mr. Kaustubh Kulkarni on 2272 8834/ Ms. Anshu Shrivastava on 2272 8534 or Ms. Arpita Joshi on 2272 8384.
Netra Sahani Abhijit Pai
Dy. General Manager Dy. General Manager
Listing Compliance
August 21, 2017 |