| Company Name |
Date of De-listing |
Effect Date |
Reason |
|
|
| Mukand Engineers |
29-Nov-22 |
30-Nov-22 |
Trading Members of the Exchange are hereby informed that the under mentioned scrip codes of the Companies which have been suspended due to the Record Date fixed for Corporate Action of Amalgamation shall be delisted with effect from November 30, 2022 (DR-167/2022-2023):- Scrip Code 532097 Company Name Mukand Engineers Ltd. Status Suspended Reason AMALGAMATION/ MERGER INTO Mukand Limited Trading Members are requested to take note of the same. |
| Gallantt Ispat |
29-Nov-22 |
30-Nov-22 |
Trading Members of the Exchange are hereby informed that the under mentioned scrip codes of the Companies which have been suspended due to the Record Date fixed for Corporate Action of Amalgamation shall be delisted with effect from November 30, 2022 (DR-167/2022-2023):- Scrip Code 533265 Company Name Gallantt Ispat Limited Status Suspended Reason AMALGAMATION/ MERGER INTO Gallantt Metal Limited Trading Members are requested to take note of the same. |
| Apollo Tricoat |
29-Nov-22 |
30-Nov-22 |
Trading Members of the Exchange are hereby informed that the under mentioned scrip codes of the Companies which have been suspended due to the Record Date fixed for Corporate Action of Amalgamation shall be delisted with effect from November 30, 2022 (DR-167/2022-2023):- Scrip Code 538566 Company Name APOLLO TRICOAT TUBES LIMITED Status Suspended Reason AMALGAMATION/ MERGER into APL APOLLO TUBES LIMITED; Trading Members are requested to take note of the same. |
| Bhagya. Prop. |
28-Nov-22 |
19-Dec-22 |
Trading Members of the Exchange are hereby informed that pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2021 as amended from time to time, the company has complied with the formalities for voluntary delisting of Equity shares. Accordingly, the trading in the equity shares of Bhagyanagar Properties Limited (Scrip Code: 540621) will be discontinued w.e.f. Monday, December, 12, 2022. Further the above scrip will be delisted from the Exchange records w.e.f. Monday, December 19, 2022. Trading Members may further note that the exit option will be kept open by the promoter/ acquirer of the company i.e. Mr. Narendra Surana (Acquirer-1), Mr. Devendra Surana (Acquirer-2), Mrs. Sunita Surana (Acquirer-3), Mrs. Namrata Surana (Acquirer-4), M/s. Surana lnfocom Private limited (Acquirer-5), M/s. Surana Telecom and Power Limited (Acquirer-6), M/s. Bhagyanagar Securities Private Limited (Acquirer-7) for the remaining public shareholders for a period of at least one year from the date of delisting at the rate of Rs. 42.25/- (Rupees Forty Two and Twenty Five Paise only) per Equity Share, being the exit price determined. Shareholders may send their option forms to the company at the below mentioned address: Bhagyanagar Properties Limited: Sy.no.221 to 224 Part, Vattinagulapally (Village), Rajendranagar (Mandal), Ranga Reddy (District), Hyderabad, Telangana, 500032 Tel: 040-27845119 / 27841198; Fax: 040-27848851 / 27818868, Website: www.bhagyanagarproperties.com Email: investorservices_bpl@surana.com Executive Director: Mr. DEVENDRA SURANA Trading Members of the Exchange are requested to take a note of the above. |
| Ensa Steel Inds. |
11-Nov-22 |
15-Nov-22 |
Trading Members of the Exchange are hereby informed that the undermentioned 4 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from November 15, 2022 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 512135 Company Name Ensa Steel Industries Ltd Consequences of compulsory delisting. 1) As per SEBI (Delisting of Equity Shares), Regulations, 2009:- The securities of these companies would cease to be listed and therefore not be available for trading on the platform of the Exchange. Promoters of these delisted companies 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. Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting. 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. 2) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI. |
| Solid Carbide |
11-Nov-22 |
15-Nov-22 |
Trading Members of the Exchange are hereby informed that the undermentioned 4 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from November 15, 2022 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 500394 Company Name Solid Carbide Tools Ltd Consequences of compulsory delisting. 1) As per SEBI (Delisting of Equity Shares), Regulations, 2009:- The securities of these companies would cease to be listed and therefore not be available for trading on the platform of the Exchange. Promoters of these delisted companies 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. Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting. 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. 2) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI. |
| Artech Power |
11-Nov-22 |
15-Nov-22 |
Trading Members of the Exchange are hereby informed that the undermentioned 4 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from November 15, 2022 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 517481 Company Name Artech Power & Trading Ltd Consequences of compulsory delisting. 1) As per SEBI (Delisting of Equity Shares), Regulations, 2009:- The securities of these companies would cease to be listed and therefore not be available for trading on the platform of the Exchange. Promoters of these delisted companies 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. Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting. 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. 2) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI. |
| Arcuttipore Tea |
11-Nov-22 |
15-Nov-22 |
Trading Members of the Exchange are hereby informed that the undermentioned 4 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from November 15, 2022 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 530261 Company Name Arcuttipore Tea Company Ltd Consequences of compulsory delisting. 1) As per SEBI (Delisting of Equity Shares), Regulations, 2009:- The securities of these companies would cease to be listed and therefore not be available for trading on the platform of the Exchange. Promoters of these delisted companies 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. Further, in terms of Regulation 24 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, the delisted company, its whole-time directors, promoters, and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting. 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. 2) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI. |
| TCI Developers |
28-Oct-22 |
18-Nov-22 |
Trading Members of the Exchange are hereby informed that pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2021 as amended from time to time, the company has complied with the formalities for voluntary delisting of Equity shares. Accordingly, the trading in the equity shares of TCI Developers Limited (Scrip Code: 533393) will be discontinued w.e.f. Friday, November 11, 2022. Further the above scrip will be delisted from the Exchange records w.e.f. Friday, November 18, 2022. Trading Members may further note that the exit option will be kept open by the promoter/ acquirer of the company i.e. TDL Real Estate Holdings Limited for the remaining public shareholders for a period of at least one year from the date of delisting at the rate of Rs. 400/- (Rupees Nine Hundred and Forty-Five only) per Equity Share, being the exit price determined. Shareholders may send their option forms to the company at the below mentioned address: TCI Developers Limited 306-307, 1-8-271 to 273 & 301, 3rd Floor, Ashok Bhoopal Chambers, S. P. Raod, Secunderabad, Telangana, 500003 Tel: 040-27840104, Fax: 0120-2866888 / 4506910, Email: secretarial@tcidevelopers.com Website: http://www.tcidevelopers.com Company Secretary and Compliance Officer: Ms. Saloni Gupta Trading Members of the Exchange are requested to take a note of the above. |
| Chromatic India |
21-Oct-22 |
28-Oct-22 |
Trading Members of the Exchange are hereby informed that the undermentioned suspended company at the Exchange have been compulsorily delisted by NSE. In view thereof in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules, 1957 (“Regulations”) which states that “If the securities is delisted under clause (1), … the said securities shall be delisted from all recognized stock exchanges”, this company would be delisted from the platform of the Exchange, with effect from October 28, 2022. Scrip Code 530191 Company Name Chromatic India Ltd Consequences of compulsory delisting will apply as per the provisions of SEBI (Delisting of Equity Shares), Regulations, 2021. Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI. |
