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Crazy Infra
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08-Apr-2024
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10-Apr-2024
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Trading Members of the Exchange are hereby informed that the undermentioned 3 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from April 10, 2024 pursuant to order of the Delisting Committee of the Exchange in terms of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Regulations").
Scrip Code
524388
Company Name
Crazy Infotech Ltd.
Consequences of compulsory delisting.
1. As per SEBI (Delisting of Equity Shares), Regulations, 2009:-
· The securities of the company would cease to be listed and therefore not be available for trading on the platform of the Exchange.
Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting.
· Promoters of the delisted company would 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.
· Also, as per provisions of Regulation 24(2) of the SEBI (Delisting of Equity Shares), Regulations, 2009, in case of companies whose fair value is positive -
a. such a company and the depositories shall not effect transfer, by way of sale, pledge, etc., of any of the equity shares held by the promoters/ promoter group and the corporate benefits like dividend, rights, bonus shares, split, etc. shall be frozen for all the equity shares held by the promoters/ promoter group, till the promoters of such company provide an exit option to the public shareholders in compliance with sub-regulation (3) of regulation 23, as certified by the concerned recognized stock exchange;
b. the promoters and whole-time directors of the compulsorily delisted company shall also not be eligible to become directors of any listed company till the exit option as stated in clause (a) above is provided.
Further, these companies would be moved to the Dissemination Board of the Exchange.
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Atlanta Devcon
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08-Apr-2024
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10-Apr-2024
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Trading Members of the Exchange are hereby informed that the undermentioned 3 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from April 10, 2024 pursuant to order of the Delisting Committee of the Exchange in terms of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Regulations").
Scrip Code
526843
Company Name
Atlanta Devcon Limited
Consequences of compulsory delisting.
1. As per SEBI (Delisting of Equity Shares), Regulations, 2009:-
· The securities of the company would cease to be listed and therefore not be available for trading on the platform of the Exchange.
Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting.
· Promoters of the delisted company would 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.
· Also, as per provisions of Regulation 24(2) of the SEBI (Delisting of Equity Shares), Regulations, 2009, in case of companies whose fair value is positive -
a. such a company and the depositories shall not effect transfer, by way of sale, pledge, etc., of any of the equity shares held by the promoters/ promoter group and the corporate benefits like dividend, rights, bonus shares, split, etc. shall be frozen for all the equity shares held by the promoters/ promoter group, till the promoters of such company provide an exit option to the public shareholders in compliance with sub-regulation (3) of regulation 23, as certified by the concerned recognized stock exchange;
b. the promoters and whole-time directors of the compulsorily delisted company shall also not be eligible to become directors of any listed company till the exit option as stated in clause (a) above is provided.
Further, these companies would be moved to the Dissemination Board of the Exchange.
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Global Knitfab
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08-Apr-2024
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10-Apr-2024
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Trading Members of the Exchange are hereby informed that the undermentioned 3 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from April 10, 2024 pursuant to order of the Delisting Committee of the Exchange in terms of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Regulations").
Scrip Code
531895
Company Name
Global Knitfab Ltd.
Consequences of compulsory delisting.
1. As per SEBI (Delisting of Equity Shares), Regulations, 2009:-
· The securities of the company would cease to be listed and therefore not be available for trading on the platform of the Exchange.
Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting.
· Promoters of the delisted company would 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.
· Also, as per provisions of Regulation 24(2) of the SEBI (Delisting of Equity Shares), Regulations, 2009, in case of companies whose fair value is positive -
a. such a company and the depositories shall not effect transfer, by way of sale, pledge, etc., of any of the equity shares held by the promoters/ promoter group and the corporate benefits like dividend, rights, bonus shares, split, etc. shall be frozen for all the equity shares held by the promoters/ promoter group, till the promoters of such company provide an exit option to the public shareholders in compliance with sub-regulation (3) of regulation 23, as certified by the concerned recognized stock exchange;
b. the promoters and whole-time directors of the compulsorily delisted company shall also not be eligible to become directors of any listed company till the exit option as stated in clause (a) above is provided.
Further, these companies would be moved to the Dissemination Board of the Exchange.
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JSW Ispat Speci.
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27-Mar-2024
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28-Mar-2024
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Trading Members of the Exchange are hereby informed that the under mentioned Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from March 28, 2024 :-
Scrip Code
513446
Suspenstion / Record Date
10/08/2023
Purpose
Amalgamation
Company Name
JSW ISPAT SPECIAL PRODUCTS LIMITED
Amalgamated with
JSW STEEL LIMITED
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H D F C
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27-Mar-2024
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28-Mar-2024
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Trading Members of the Exchange are hereby informed that the under mentioned Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from March 28, 2024 :-
Scrip Code
500010
Suspenstion / Record Date
13/07/2023
Purpose
Amalgamation
Company Name
Housing Development Finance Corp.Ltd
Amalgamated with
HDFC BANK LIMITED
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Canopy Finance
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27-Mar-2024
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28-Mar-2024
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Trading Members of the Exchange are hereby informed that the under mentioned Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from March 28, 2024 :-
Scrip Code
539304
Suspenstion / Record Date
15/03/2024
Purpose
Amalgamation
Company Name
Canopy Finance Limited
Amalgamated with
Purple Finance Limited
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Stone India
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21-Mar-2024
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01-Apr-2024
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Trading Members of the Exchange are hereby informed that pursuant to order by the Hon'ble National Company Law Tribunal, Kolkata Bench, dated June 8, 2023, Stone India Limited. ("the Company") applied for delisting of its equity shares.
The Company has confirmed that it has complied with the requirements of NCLT order dated June 8, 2023 for delisting.
Further the above scrip will be delisted from the Exchange records w.e.f. Monday, April 1, 2024.
Trading Members of the Exchange are requested to take note of the above.
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Mohota Indust.
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21-Mar-2024
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28-Mar-2024
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Trading Members of the Exchange are hereby informed that pursuant to order by the Hon'ble National Company Law Tribunal, Mumbai Bench, dated May 19, 2023, Mohota Industries Limited. ("the Company") applied for delisting of its equity shares.
The Company has confirmed that it has complied with requirements of NCLT order dated May 19,2023 for delisting.
Further the above scrip will be delisted from the Exchange records w.e.f. Thursday, March 28, 2024.
Trading Members of the Exchange are requested to take note of the above.
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Unipro Technolgy
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06-Mar-2024
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11-Mar-2024
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Trading Members of the Exchange are hereby informed that the undermentioned company that has remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from March 11, 2024 pursuant to order of the Delisting Committee of the Exchange in terms of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Regulations").
Scrip Code
540189
Company Name
Unipro Technologies Ltd.
1. As per SEBI (Delisting of Equity Shares), Regulations, 2009:-
The securities of the company would cease to be listed and therefore not be available for trading on the platform of the Exchange.
Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting.
· Promoters of the delisted company would 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.
· Also, as per provisions of Regulation 24(2) of the SEBI (Delisting of Equity Shares), Regulations, 2009, in case of companies whose fair value is positive -
a. such a company and the depositories shall not effect transfer, by way of sale, pledge, etc., of any of the equity shares held by the promoters/ promoter group and the corporate benefits like dividend, rights, bonus shares, split, etc. shall be frozen for all the equity shares held by the promoters/ promoter group, till the promoters of such company provide an exit option to the public shareholders in compliance with sub-regulation (3) of regulation 23, as certified by the concerned recognized stock exchange;
b. the promoters and whole-time directors of the compulsorily delisted company shall also not be eligible to become directors of any listed company till the exit option as stated in clause (a) above is provided.
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Max Ventures
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01-Mar-2024
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02-Mar-2024
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Trading Members of the Exchange are hereby informed that the under mentioned Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from March 02, 2024 :-
Scrip Code
539940
Suspension/
Record Date
11/08/2023
Purpose
Amalgamation
Name of Company to be Delisted
Max Ventures and Industries Limited
Merged with/ Transferee Company
MAX ESTATES LIMITED
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