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NOTICES
Notice No.   20181102-37   Notice Date   02 Nov 2018
Category   Company related   Segment   Equity
Subject   Suspension 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 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. 

Sr. No.

Scrip Code

Company Name

1

532831

Abhishek Corporation Ltd *

2

539693

Alora Trading Company Ltd

3

530261

Arcuttipore Tea Company Ltd *

4

526594

B Nanji Enterprises Ltd

5

530801

Diamond Infosystems Ltd

6

524588

Emed.com Technologies Ltd

7

500139

Fedders Electric and Engineering Ltd

8

539853

Golden Capital Services Ltd

9

504701

Gontermann Peipers India Ltd

10

533525

HealthFore Technologies Ltd

11

531840

IEC Education Ltd *

12

530701

KDJ Holidayscapes and Resorts Ltd

13

519570

Lakshmi Overseas Industries Ltd

14

532718

Pratibha Industries Ltd

15

507652

Ratnamani Agro Industries Ltd

16

530439

Siddha Ventures Ltd

17

532877

Simplex Projects Ltd

18

533305

SRS Real Infrastructure Ltd

19

513597

Surana Industries Ltd #

20

539008

Tirupati Fincorp Ltd

21

526941

Vaishno Cement Company Ltd

22

522015

VCCL Ltd

23

526441

Vision Cinemas Ltd *

(*) 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