Corporate Actions De-Listed Shares
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Company Date of De-Listing Effect Date Reason
Ensa Steel Inds. 11-Nov-2022 15-Nov-2022 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-2022 15-Nov-2022 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-2022 15-Nov-2022 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-2022 15-Nov-2022 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-2022 18-Nov-2022 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-2022 28-Oct-2022 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.
Goldcrest Corpor 27-Sep-2022 12-Oct-2022 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 Goldcrest Corporation Limited (Scrip Code: 505576) will be discontinued w.e.f. Tuesday, October 04, 2022. Further the above scrip will be delisted from the Exchange records w.e.f. Wednesday, October 12, 2022. Trading Members may further note that the exit option will be kept open by the promoter/ acquirer of the company i.e. Nita Tushar Tanna (Acquirer-1) along with Anupa Tanna Shah (PAC-1), Namrata Tushar Tanna (PAC-2), Hansa Tulsidas Tanna (PAC-3), Goldcrest Global Trading Private Limited (PAC-4) for the remaining public shareholders for a period of at least one year from the date of delisting at the rate of Rs. 200/- (Rupees Two Hundred only) per Equity Share, being the exit price determined. Shareholders may send their option forms to the company at the below mentioned address: Goldcrest Corporation Limited: Devidas Mansion, 3rd Floor, Mereweather Road, Colaba, Apollo Bunder, Mumbai, Maharashtra, 400039 Tel: 022-22837489 / 22837490; Website: www.goldcrestgroup.com Email: office@goldcrestgroup.com Company Secretary and Compliance Officer: Marisa Eldin Ferreira Trading Members of the Exchange are requested to take a note of the above. In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulations'), this is to inform you that the Company is in receipt of the Delisting Order approving the delisting of equity shares of the Company from BSE w.e.f. from Wednesday, October 12, 2022. Further, the trading in the equity shares of the Company on the BSE platform will be discontinued w.e.f. Tuesday, October 04, 2022. Kindly acknowledge the receipt of this disclosure and disseminate it. (As Per BSE Announcement dated on 27.09.2022)
Mount Shivalik 22-Sep-2022 29-Sep-2022 Trading Members of the Exchange are hereby informed that pursuant to Resolution Plan approved by the Hon'ble National Company Law Tribunal, Jaipur Bench vide its order dated October 13, 2021, Mount Shivalik Industries Limited ("the Company") had applied for delisting of its equity shares. The Company has confirmed that it has complied with requirements of NCLT order dated October 13, 2021, for delisting. Further the above scrip will be delisted from the Exchange records w.e.f. Thursday, September 29, 2022. Trading Members of the Exchange are requested to take a note of the above.
Ramsarup Inds. 22-Sep-2022 29-Sep-2022 Trading Members of the Exchange are hereby informed that pursuant to Resolution Plan approved by the Hon'ble National Company Law Tribunal, Kolkata Bench vide its order pronounced on September 04, 2019, RAMSARUP INDUSTRIES LIMITED ("the Company") had applied for delisting of its equity shares. The Company has confirmed that it has complied with requirements of NCLT order pronounced on September 04, 2019, for delisting. Further the above scrip will be delisted from the Exchange records w.e.f. Thursday, September 29, 2022. Trading Members of the Exchange are requested to take a note of the above.
Marvel Vinyls 08-Sep-2022 15-Sep-2022 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. The above scrip will be delisted from the Exchange records w.e.f. Thursday, September 15,2022. Trading Members may further note that the exit option will be kept open by the acquirer/promoter of the company. for the remaining public shareholders for a period of at least Two years from the date of delisting at the rate of Rs. 89/- (Rupees Eighty nine only) per Equity Share, being the exit price determined. Shareholders may send their option forms to the company at the below mentioned address: Marvel Vinyls Limited: G-73, Connaught Circus New Delhi, Delhi, 110001. Tel: 011-45306666 Website: www.marvelvinyls.com Email: cs@marvelvinyls.com Company Secretary and Compliance Officer: Mr. Rohan Dev Kaushik Trading Members of the Exchange are requested to take a note of the above.