| S.No. |
ENTITY |
PERSONS |
REGULATORY CHARGES |
REGULATORY ACTION(S) / DATE OF ORDER |
FURTHER DEVELOPMENTS |
| 81 |
|
EMPORIS PROJECTS LTD.
(CIN:L45209GJ1995PLC025153
PAN:AABCN0273G)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 82 |
|
|
EMPOWER INDIA LTD.
(PAN:AAACH3967N
CIN:L51900MH1981PLC023931)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
BSE VIDE ITS NOTICE DATED 12/02/2018 DIRECTED THAT THE 1) TRADING IN SECURITIES SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF SEBI LETTER DATED 07/08/2017, EFFECTIVE FROM 14/02/2018 2) INDEPENDENT AUDITOR SHALL BE APPOINTED TO CONDUCT FORENSIC AUDIT OF COMPANY FOR VERIFICATION, INCLUDING CREDENTIALS / FINANCIALS OF THE COMPANY 3) PERMITTED PROMOTERS AND DIRECTORS TO BUY THE SECURITIES OF THE COMPANY AND SHALL NOT SELL THEIR EXISTING HOLDING IN THE COMPANY
SAT: SAT VIDE ITS ORDER DATED 24/03/2022 PARTLY ALLOWED THE APPEAL. MATTER REMITTED TO THE AUTHORITY CONCERNED WITH DIRECTION THAT THE APPELLANTS TO SUPPLY THE REQUISITE DOCUMENTS THAT WERE SOUGHT BY THE FORENSIC AUDITOR AND THE AUTHORITY WOULD PASS APPROPRIATE ORDER WITHIN SIX WEEKS FROM THE DATE OF RECEIPT OF THE DOCUMENTS. FURTHER, DIRECTED THAT THE TRADING IN SECURITIES OF COMPANY REVERTED TO “STAGE-VI” GRADED SURVEILLANCE MEASURE WILL CONTINUE TO OPERATE
|
| 83 |
|
|
EMRALD COMMERCIAL LTD.
(CIN:L29299WB1983PLC036040
PAN:AAACE5795P)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
MSEI VIDE ITS CIRCULAR DATED 02/04/2018 DIRECTED THAT THE 1) TRADING IN SECURITIES SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF SEBI LETTER DATED 07/08/2017, EFFECTIVE FROM 03/04/2018 2) INDEPENDENT AUDITOR SHALL BE APPOINTED TO CONDUCT FORENSIC AUDIT OF COMPANY FOR VERIFICATION, INCLUDING CREDENTIALS / FINANCIALS OF THE COMPANY 3) PERMITTED PROMOTERS AND DIRECTORS TO BUY THE SECURITIES OF THE COMPANY AND SHALL NOT SELL THEIR EXISTING HOLDING IN THE COMPANY
|
| 84 |
|
|
ENCASH ENTERTAINMENT LTD.
(PAN:AADCB4721B
CIN:L92413WB2008PLC124559)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
BSE VIDE ITS NOTICE DATED 01/03/2018 DIRECTED THAT THE 1) TRADING IN SECURITIES SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF SEBI LETTER DATED 07/08/2017, EFFECTIVE FROM 05/03/2018 2) INDEPENDENT AUDITOR SHALL BE APPOINTED TO CONDUCT FORENSIC AUDIT OF COMPANY FOR VERIFICATION, INCLUDING CREDENTIALS / FINANCIALS OF THE COMPANY 3) PERMITTED PROMOTERS AND DIRECTORS TO BUY THE SECURITIES OF THE COMPANY AND SHALL NOT SELL THEIR EXISTING HOLDING IN THE COMPANY
BSE VIDE ITS NOTICE DATED 20/11/2020 DIRECTED TO PLACE THE SECURITIES OF THE COMPANY UNDER STAGE VI OF GSM FRAMEWORK IN ACCORDANCE WITH NOTICE DATED 29/10/2018 EFFECTIVE FROM 23/11/2020
|
| 85 |
|
|
ERGON POWER CORP.LTD.
(PAN:AACCE4944L
CIN:L40300AP1988PLC008213)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 86 |
|
|
ESKAY K'N'IT (INDIA) LTD.
(CIN:L18109DN1987PLC000034
PAN:AABCS1363G)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
SAT: SAT VIDE ITS ORDER DATED 06/10/2017 DIRECTED SEBI TO DISPOSE OFF THE APPEAL AND PASS APPROPRIATE ORDER ON THE REPRESENTATION TO BE FILED BY THE APPELLANT WITHIN A PERIOD OF FOUR WEEKS FROM THE DATE OF RECEIVING THE REPRESENTATION. NO COSTS
SEBI VIDE ITS ORDER DATED 21/11/2017 MODIFIED THE ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 AND CONSEQUENTIAL ACTIONS TAKEN BY STOCK EXCHANGES 1) TRADING IN SECURITIES OF EKIL SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF LETTER DATED 07/08/2017 BY SEBI 2) STOCK EXCHANGE SHALL APPOINT AN INDEPENDENT FORENSIC AUDITOR INTER ALIA TO FURTHER VERIFY A) MISREPRESENTATION INCLUDING OF FINANCIALS AND/OR BUSINESS OF EKIL, IF ANY B) MISUSE OF THE BOOKS/FUNDS INCLUDING FACILITATION OF ACCOMMODATION ENTRIES OR COMPROMISE OF MINORITY SHAREHOLDER INTEREST, IF ANY 3) THE PROMOTERS AND DIRECTORS IN EKIL ARE PERMITTED ONLY TO BUY THE SECURITIES OF EKIL. THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN EKIL SHALL NOT BE ALLOWED TO BE TRANSFERRED FOR SALE BY DEPOSITORIES 4) THE OTHER ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 IN PARA 1 (D), AS MAY BE APPLICABLE, AND THE CONSEQUENTIAL ACTION TAKEN BY STOCK EXCHANGES SHALL CONTINUE TO HAVE EFFECT AGAINST ESKAY K’N’IT (INDIA) LTD. REPRESENTATION OF ESKAY K’N’IT (INDIA) LTD. DISPOSED OFF. DIRECTIONS SHALL TAKE EFFECT IMMEDIATELY AND SHALL BE IN FORCE UNTIL FURTHER ORDERS
|
| 87 |
|
|
EXIM FINANCE LTD.
(CIN:L65999WB1993PLC060888)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 88 |
|
|
FACOR STEELS LTD.
(CIN:L27100MH2004PLC146283)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 89 |
|
|
FCS SOFTWARE SOLUTIONS LTD.
(PAN:AAACF0325L
CIN:L72100DL1993PLC179154)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
SEBI VIDE ITS ORDER DATED 31/01/2018 REVOKED THE ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 AND THE CONSEQUENTIAL ACTIONS TAKEN BY STOCK EXCHANGES. TRADING IN SECURITIES SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF SEBI LETTER DATED 07/08/2017, EFFECTIVE FROM 01/02/2018
SEBI VIDE ITS ORDER DATED 07/10/2019 REVOKED ITS DIRECTIONS ISSUED VIDE ITS INTERIM ORDER DATED 21/09/2017 AND CONFIRMATORY ORDER DATED 08/02/2018
|
| 90 |
|
|
FILMCITY MEDIA LTD.
(CIN:L99999MH1994PLC077927)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 91 |
|
|
FIRST WINNER INDUSTRIES LTD.
(PAN:AAACF7079H
CIN:L51909MH2003PLC138778)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
BSE VIDE ITS NOTICE DATED 30/01/2018 DIRECTED THAT THE 1) TRADING IN SECURITIES SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF SEBI LETTER DATED 07/08/2017, EFFECTIVE FROM 31/01/2018 2) PERMITTED PROMOTERS AND DIRECTORS TO BUY THE SECURITIES OF THE COMPANY AND SHALL NOT BE ALLOWED TO BE TRANSFERRED FOR SALE, BY DEPOSITORIES 3) THE OTHER ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 IN PARA 1(D) AS MAY BE APPLICABLE AND THE CONSEQUENTIAL ACTION TAKEN BY STOCK EXCHANGES SHALL CONTINUE TO HAVE EFFECT AGAINST FIRST WINNER INDUSTRIES LTD.
|
| 92 |
|
|
FOCUS INDUSTRIAL RESOURCES LTD.
(CIN:L15319DL1985PLC021348
PAN:AAACF1838N)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
BSE VIDE ITS NOTICE DATED 11/01/2018 DIRECTED THAT THE 1) TRADING IN SECURITIES SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF SEBI LETTER DATED 07/08/2017, EFFECTIVE FROM 12/01/2018 2) INDEPENDENT AUDITOR SHALL BE APPOINTED TO CONDUCT FORENSIC AUDIT OF COMPANY FOR VERIFICATION, INCLUDING CREDENTIALS / FINANCIALS OF THE COMPANY 3) PERMITTED PROMOTERS AND DIRECTORS ONLY TO BUY THE SECURITIES OF THEIR COMPANY AND SHALL NOT SELL THEIR EXISTING HOLDING IN THEIR RESPECTIVE COMPANY
|
| 93 |
|
|
FRONTIER INFORMATICS LTD.
(PAN:AAACF5186B
CIN:L72200TG1986PLC006644)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
SAT: SAT VIDE ITS ORDER DATED 11/09/2017 DIRECTED SEBI TO DISPOSE OFF REPRESENTATION OF THE APPELLANT AS EXPEDITIOUSLY AS POSSIBLE AND IN ANY EVENT WITHIN A PERIOD OF FOUR WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
SEBI VIDE ITS ORDER DATED 05/10/2017 DISPOSED OFF THE REPRESENTATION DATED 28/08/2017 AND REVOKED THE ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 AND THE CONSEQUENTIAL ACTIONS TAKEN BY STOCK EXCHANGES
|
| 94 |
|
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G K S INFRASTRUCTURE LTD.
(PAN:AAACN2655F
CIN:L45400DL1985PLC021038)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 95 |
|
|
G.R.INDUSTRIES & FINANCE LTD.
(CIN:L25209WB1987PLC111041
PAN:AACCG0885C)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 96 |
|
|
G.V.FILMS LTD.
(CIN:L92490MH1989PLC238780
PAN:AAACG2118C)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
SAT: SAT VIDE ITS ORDER DATED 21/08/2017 DIRECTED BSE TO DISPOSE OFF REPRESENTATION OF THE APPELLANT, IF ANY, WITHIN A PERIOD OF TWO WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
SEBI VIDE ITS ORDER DATED 04/09/2017 MODIFIED THE ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 AND CONSEQUENTIAL ACTIONS TAKEN BY STOCK EXCHANGES 1) TRADING IN SECURITIES OF GVFL SHALL BE REVERTED TO XD GROUP OF BSE WITH APPLICABLE PRICE BAND 2) LIMITATION ON TRANSFER OF SHARES HELD BY PROMOTERS AND DIRECTORS AS MENTIONED IN PARA 1(B) OF SEBI’S LETTER DATED 07/08/2017 IS REMOVED 3) EXCHANGE SHALL APPOINT AN INDEPENDENT AUDITOR TO CONDUCT FORENSIC AUDIT OF GVFL FOR VERIFICATION, INCLUDING CREDENTIALS/FINANCIALS OF GVFL 4) OTHER ACTIONS ENVISAGED IN SEBI’S LETTER DATED 07/08/2017 IN PARA 1 (D), AS MAY BE APPLICABLE, AND CONSEQUENTIAL ACTION TAKEN BY STOCK EXCHANGES SHALL CONTINUE TO HAVE EFFECT AGAINST G.V.FILMS LTD. REPRESENTATION DATED 16/08/2017 DISPOSED OFF. THESE DIRECTIONS SHALL TAKE EFFECT IMMEDIATELY AND SHALL BE IN FORCE UNTIL FURTHER ORDERS
|
| 97 |
|
|
GALLANTT ISPAT LTD.
(PAN:AACCG2969B
CIN:L27109WB2005PLC101650)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
SAT: SAT VIDE ITS ORDER DATED 29/11/2017 DISPOSED OFF APPEAL BY DIRECTING NSE TO PASS APPROPRIATE ORDER AGAINST THE APPELLANTS WITHIN A PERIOD OF SIX WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
|
| 98 |
|
|
GALLANTT METAL LTD.
(PAN:AACCG2934J
CIN:L27109WB2005PLC101553)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
SAT: SAT VIDE ITS ORDER DATED 29/11/2017 DISPOSED OFF APPEAL BY DIRECTING NSE TO PASS APPROPRIATE ORDER AGAINST THE APPELLANTS WITHIN A PERIOD OF SIX WEEKS FROM THE DATE OF THIS ORDER. NO COSTS
|
| 99 |
|
|
GANGA BUILDERS LTD.
(CIN:L45209WB1982PLC035392
PAN:AAACG9808K)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
|
| 100 |
|
|
GARBI FINVEST LTD.
(PAN:AAACG9335R
CIN:034972)
|
|
|
DID NOT ADHERE TO SEBI LAWS/REGULATIONS
|
DIRECTED TRADING MEMBERS TO DO THE DUE DILIGENCE ON THE BASIS OF AUDITOR’S CERTIFICATE ALONG WITH THE DOCUMENTS, AS MENTIONED IN THE ORDER AND SUBMIT A REPORT TO THE EXCHANGE BY AUGUST 31, 2017
DIRECTED THAT THE TRADING IN ALL SUCH LISTED SECURITIES SHALL BE PLACED IN STAGE VI OF THE GRADED SURVEILLANCE MEASURE (GSM) WITH IMMEDIATE EFFECT. IF ANY LISTED COMPANY OUT OF THE SAID LIST IS ALREADY IDENTIFIED UNDER ANY STAGE OF GSM, IT SHALL ALSO BE MOVED TO GSM STAGE VI DIRECTLY
DIRECTED THAT THE SHARES HELD BY THE PROMOTERS AND DIRECTORS IN SUCH LISTED COMPANIES SHALL BE ALLOWED TO BE TRANSFERRED BY DEPOSITORIES ONLY UPON VERIFICATION BY CONCERNED EXCHANGES AND THEY SHALL NOT BE ALLOWED TO TRANSACT IN THE SECURITY EXCEPT TO BUY SECURITIES IN THE SAID LISTED COMPANY UNTIL VERIFICATION OF CREDENTIAL / FUNDAMENTAL BY EXCHANGES IS COMPLETED
DIRECTED EXCHANGES TO INITIATE A PROCESS OF VERIFYING THE CREDENTIALS/FUNDAMENTALS OF SUCH COMPANIES ON VERIFICATION, IF EXCHANGES DO NOT FIND APPROPRIATE CREDENTIALS / FUNDAMENTALS ABOUT EXISTENCE OF THE COMPANY, EXCHANGES SHALL INITIATE THE PROCEEDING FOR COMPULSORY DELISTING AGAINST THE COMPANY, AND THE SAID COMPANY SHALL NOT BE PERMITTED TO DEAL IN ANY SECURITY ON EXCHANGE PLATFORM AND ITS HOLDING IN ANY DEPOSITORY ACCOUNT SHALL BE FROZEN TILL SUCH DELISTING PROCESS IS COMPLETED
07-AUG-2017
|
BSE VIDE ITS NOTICE DATED 27/02/2018 DIRECTED THAT THE 1) TRADING IN SECURITIES SHALL BE REVERTED TO THE STATUS AS IT STOOD PRIOR TO ISSUANCE OF SEBI LETTER DATED 07/08/2017, EFFECTIVE FROM 28/02/2018 2) INDEPENDENT AUDITOR SHALL BE APPOINTED TO CONDUCT FORENSIC AUDIT OF COMPANY FOR VERIFICATION, INCLUDING CREDENTIALS / FINANCIALS OF THE COMPANY 3) PERMITTED PROMOTERS AND DIRECTORS TO BUY THE SECURITIES OF THE COMPANY AND SHALL NOT SELL THEIR EXISTING HOLDING IN THE COMPANY
|
| The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column. |
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| Page 5 of 17
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