November 22, 2024 20:11 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing | PM Modi bestowed Dominica's highest award at India-CARICOM Summit

NSE delists 19 companies effective May 12 this year

| | 24 Apr 2017, 12:55 pm
Mumbai, Apr 24 (IBNS): Deccan Chronicles Holding Limited, Polar Industries Limited, Spanco Limited and several other companies will not be able to trade o the National Stock Exchange (NSE) platform beginning from May 12, the bourse announced recently.

In a notification dated April 21, NSE said that it is delisting 19 companies as per norms mentioned in the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009.

In its notification, NSE said that 'it has been decided to delist (withdraw the admission to dealings in) equity shares of the following companies w.e.f. May 12, 2017 as per Chapter V of SEBI (Delisting of Equity Shares) Regulations, 2009'.

Some of the other companies on the list are Ankur Drugs and Pharma Limited, Evinix Accessories Limited (currently known as Evinix Industries Limited), Koutons Retail India Limited, Nuchem Limited, Pasupati Fabrics Limited, Taksheel Solutions Limited, Teledata Technology Solutions Limited, etc.

A few of the companies, including Koutons, TeledataIT, etc, are being delisted pursuant to the liquidation, the notification said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.