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. February 14, 2018 (being 21 days from issue of this notice); on account of non-compliance with Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for two consecutive years i.e., March 2016 & March 2017.
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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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511756
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Abirami Financial Services India Ltd
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2
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530901
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ACIL Cotton Industries Ltd #
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3
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506971
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B&B Realty Ltd
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4
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526468
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Euro Leder Fashion Ltd *
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5
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531486
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Filmcity Media Ltd #
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6
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538881
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Galada Finance Ltd
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7
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531055
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GFL Financials India Ltd
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8
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506024
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Hariyana Metals Ltd
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9
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513012
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Jeet Machine Tools Ltd
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10
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530955
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Mindvision Capital Ltd
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11
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523820
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Neo Corp International Ltd
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12
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531791
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NovaGold Petro Resources Ltd #
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13
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533093
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Raj Oil Mills Ltd
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14
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531781
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Sapan Chemicals Ltd
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15
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537068
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Satya Miners & Transporters Ltd
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16
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531160
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Saumya Capital Ltd
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17
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523846
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Skypak Service Specialists Ltd
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18
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502465
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Speciality Papers Ltd #
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19
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531703
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Tribhuvan Housing Ltd #
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20
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531659
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TSL Industries Ltd #
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21
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524514
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Tulasee Bio Ethanol Ltd *
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* Companies have submitted the Annual Report as on date. However, they have 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), the company would be suspended w.e.f. February 14, 2018 (being 21 days from issue of this notice).
# Currently the companies are under GSM framework under Stage VI and the scrip is not available for trading. Trading in such securities shall be permitted once a month (i.e. First Monday of the month).
2) Freezing of the entire promoter shareholding of the aforesaid companies w.e.f January 23, 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 the Listing Regulations, 2015 including payment of fines on or before February 8, 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 Listing Regulations, 2015, to the satisfaction of the Exchange on or before February 8, 2018; then:-
· Trading in the securities of the companies would be suspended w.e.f February 14, 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 or Mr. Manish Raval on 22725025 or Mr. Sambhaji Solat on Tel No. 22728074 or email at bse.soplodr@bseindia.com
Netra Sahani Abhijit Pai
Dy. General Manager Dy. General Manager
January 23, 2018
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