| Old Name |
Date Of De-Listing |
Effect Date |
Reason |
| GBL Industries |
08-Jan-2024 |
10-Jan-2024 |
|
| Presha Metall. |
22-Dec-2023 |
27-Dec-2023 |
Sub: Compulsory Delisting of Companies
Trading Members of the Exchange are hereby informed that, the undermentioned company that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from December 27, 2023, pursuant to order of the Delisting Committee of the Exchange in terms of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 ("Regulations").
Scrip Code
513613
Name of the Company
Presha Metallurgical Ltd.
Consequences of compulsory delisting.
1.As per SEBI (Delisting of Equity Shares), Regulations, 2021: -
The securities of these company would cease to be listed and therefore not be available for trading on the platform of the Exchange.
In terms of Regulation 34 (1) of SEBI (Delisting of Equity Shares), Regulations, 2021, the delisted company, its whole-time directors, person(s) responsible for ensuring compliance with the securities laws, promoters, and companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing of any equity shares or act as an intermediary for a period of 10 (ten) years from the date of 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 34(2) of the SEBI (Delisting of Equity Shares), Regulations, 2021, 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 (4) of regulation 33 of these regulations, as certified by the relevant recognized stock exchange.
b. the promoters, whole-time directors and person(s) responsible for ensuring compliance with the securities laws, of the compulsorily delisted company shall also not be eligible to become directors of any listed company till the exit option as mentioned in clause (a) is provided.
2. Further, the company would be moved to the Dissemination Board of the Exchange. |
| Trombo Extractn. |
18-Dec-2023 |
20-Dec-2023 |
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 December 20, 2023 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
519303
Company Name
Trombo Extractions 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 -
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;
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, this company would be moved to the Dissemination Board of the Exchange.
In case the Trading Members require any clarification, they may email on id bse.delistscn@bseindia.com. |
| JMT Auto |
11-Dec-2023 |
18-Dec-2023 |
Trading Members of the Exchange are hereby informed that pursuant to order by the Hon'ble National Company Law Tribunal, Bench II, New Delhi, dated August 21, 2023, JMT AUTO LTD ("the Company") applied for delisting of its equity shares.
The Company has confirmed that it has complied with requirements of NCLT order dated August 21, 2023 for delisting.
Further the above scrip will be delisted from the Exchange records w.e.f. Monday, December 18, 2023.
Trading Members of the Exchange are requested to take note of the above. |
| SREI Infra. Fin. |
07-Dec-2023 |
14-Dec-2023 |
Trading Members of the Exchange are hereby informed that pursuant to order by the Hon'ble National Company Law Tribunal, Kolkata Bench, Court I, dated August 11, 2023, SREI Infrastructure Finance Limited and SREI Equipment Finance Limited (the "Company") had applied for delisting of its Equity Shares and Non-Convertible Debentures.
The Company has confirmed that it has complied with requirements of NCLT order dated August 11, 2023, for delisting.
Further, the scrip (Annexure -1) of the above-mentioned Companies will be delisted from the Exchange records w.e.f. Thursday, December 14, 2023.
Trading Members of the Exchange are requested to take note of the above. |
