BSE to Suspend Trading in 33 Companies from December 21

Sharing Notice No. 20151127-23 from BSE site dated 27 Nov 2015 with respect to Suspension of trading in securities of companies for non-compliances of certain clauses of the Listing Agreement

Pursuant to the provisions of Circular no. CIR/MRD/DSA/31/2013 dated September 30, 2013 issued by Securities and Exchange Board of India (SEBI) and Exchange Notice No. 20140117-20 dated January 17, 2014 with respect to Standard Operating Procedure (SOP) for suspension and revocation of equity shares of listed entities for non-compliance of certain clauses of the Listing Agreement, 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. December 21, 2015 (being 21 days from issue of this notice); on account of non-compliance/non-payment of fines with Clause 31 of the Listing Agreement for two consecutive years i.e., March 2014 and March 2015.

Sr. No.	Scrip code	Company name
1	526955	ABL Bio Technologies Ltd
2	532068	Aramusk Infrastructure Investments Ltd
3	504370	Ardi Investments & Trading Company Ltd
4	502352	Aurangabad Paper Mills Ltd
5	512277	Autoriders International Ltd
6	531783	Azure Exim Services Ltd
7	520115	Brakes Auto India Ltd
8	511636	DJS Stock & Shares Ltd
9	511634	Dugar Housing Developments Ltd
10	531754	Fintech Communication Ltd
11	532303	Integrated Hitech Ltd
12	531551	Intercorp Industries Ltd
13	526523	Jay Energy & S Energies Ltd
14	524270	Magna Colors Ltd
15	531664	Mahavir Impex Ltd
16	503685	Mediaone Global Entertainment Ltd
17	522235	Minal Industries Ltd
18	523373	Mini Diamonds India Ltd
19	532789	Nissan Copper Ltd
20	523670	Noida Medicare Centre Ltd
21	513611	Pithampur Steels Ltd
22	509839	Punjab Woolcombers Ltd
23	530053	Real Realty Management Company Ltd
24	526075	Rekvina Laboratories Ltd
25	535503	Roselabs Ltd
26	531886	Scope Industries (India) Ltd
27	503635	Shree Salasar Investments Ltd
28	517403	Sun Source India Ltd
29	531295	Sunlake Resorts and Hotels Ltd
30	531650	Vax Housing Finance Corporation Ltd
31	531544	Vertex Spinning Ltd
32	506103	Victoria Enterprises Ltd
33	530547	Ken Financial Services Ltd

                                   

2)    Freezing of the entire promoter shareholding of the aforesaid companies wef November 27, 2015 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 Agreement including payment of fines on or before December 15, 2015; 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 the Listing Agreement, to the satisfaction of the Exchange on or beforeDecember 15, 2015; then :-

·         Trading in the securities of the companies would be suspended wef December 21, 2015 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 Mr. Sambhaji Solat on Tel No. 22728074 /Ms. Anshu Shrivastava on 22728534 or Mr. Manish Raval on 22725025 or email at bse.revocation@bseindia.com.

Netra Sahani                                                                                     Abhijit Pai

Dy. General Manager                                                                      Asst. General Manager

November 27, 2015