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Company Name Date of De-listing Effect Date Reason
Adarsh Chemicals 21-Aug-17 23-Aug-17 Trading Members of the Exchange are hereby informed that 117 companies (given in Annexure I) that have remained suspended for more than 10 years would be delisted from the platform of the Exchange, with effect from August 23, 2017 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"). As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: 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 will 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 of Delisting Regulations, 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. As per SEBI circular no. SEBI/HO/CFD/DCR/CIR/P/2016/81 dated September 7, 2016, till the time promoters of the Company provide an exit option to the public shareholders in terms of value determined by the Valuer, the following consequences of compulsory delisting would also apply: Non-transferability of any of equity shares by the Company, by way of sale, pledge, etc., of any of the equity shares.
Adam Comsof 21-Aug-17 23-Aug-17 Trading Members of the Exchange are hereby informed that 117 companies (given in Annexure I) that have remained suspended for more than 10 years would be delisted from the platform of the Exchange, with effect from August 23, 2017 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"). As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: 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 will 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 of Delisting Regulations, 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. As per SEBI circular no. SEBI/HO/CFD/DCR/CIR/P/2016/81 dated September 7, 2016, till the time promoters of the Company provide an exit option to the public shareholders in terms of value determined by the Valuer, the following consequences of compulsory delisting would also apply: Non-transferability of any of equity shares by the Company, by way of sale, pledge, etc., of any of the equity shares. Freezing of equity shares and corporate benefits thereof held by the promoters/ promoter group. The promoters and whole-time directors of the Company shall not be eligible to become directors of any listed company.
Ahura Welding 21-Aug-17 23-Aug-17 Trading Members of the Exchange are hereby informed that 117 companies (given in Annexure I) that have remained suspended for more than 10 years would be delisted from the platform of the Exchange, with effect from August 23, 2017 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"). As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: 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 will 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 of Delisting Regulations, 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. As per SEBI circular no. SEBI/HO/CFD/DCR/CIR/P/2016/81 dated September 7, 2016, till the time promoters of the Company provide an exit option to the public shareholders in terms of value determined by the Valuer, the following consequences of compulsory delisting would also apply: Non-transferability of any of equity shares by the Company, by way of sale, pledge, etc., of any of the equity shares.
Maars Soft.Intl. 21-Mar-16 23-Mar-16 Sub: Delisting of suspended 6 lac series scrip codes. Trading Members of the Exchange are hereby informed that the under mentioned Six Lacs series scrip codes which were created earlier for the particular company and which were subsequently suspended shall be delisted with effect from March 23, 2016 (DR-245/2015-2016). Please note that 6 lakh series scrip codes only will be delisted and the company is not being delisted: Scrip Code 632289 Name of the Company Maars Software International Ltd.
Essar Oil Ltd 27-Jan-16 10-Feb-16 Voluntary Delisting of Equity shares
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