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Company Name Date of De-listing Effect Date Reason
Electrosteel St. 06-Dec-18 20-Dec-18 Trading Members of the Exchange are hereby informed that pursuant to resolution plan approved by Hon'ble National Company Law Tribunal (NCLT) under section 31 of the Insolvency and Bankruptcy Code, 2016 read with sub-regulation (3)(a) of regulation 3 of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, Electrosteel Steels Limited ("the Company") has applied for delisting of equity shares. The Company has confirmed that it has complied with requirements of NCLT order dated April 17, 2018 for delisting and also with the requirements of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009. Accordingly, trading in the equity shares of Electrosteel Steels Limited (Scrip Code: 533264) will be discontinued w.e.f. Thursday, December 13, 2018. Further the above scrip will be delisted from the Exchange records w.e.f. Thursday, December 20, 2018. Trading Members of the Exchange are requested to take a note of the above. In case of any clarifications Trading Members may please contact Ms. Rupal Khandelwal on 022-2272 8262.
Infinite Comp 30-Nov-18 21-Dec-18 Trading Members of the Exchange are hereby informed that pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2009 and SEBI (Delisting of equity shares) (Amendments Regulations, 2015, the company has complied with the formalities for voluntary delisting of equity shares. Accordingly, the trading in the equity shares of Infinite Computer Solutions (India) Limited (Scrip Code: 533154) will be discontinued w.e.f. Friday, December 14, 2018. Further the above scrip will be delisted from the Exchange records w.e.f. Friday, December 21, 2018. Trading Members may further note that the exit option will be kept open by the Acquirers i.e. MC Data Systems Private Limited ("Acquirer 1") and Inswell IT Applications Private Limited ("Acquirer 2") for the remaining public shareholders for a period of one year from the date of delisting at the rate of Rs. 480/- (Rupees Four Hundred Eighty only) per Equity Share, being the exit price determined. Shareholders may send their option forms to the Registrar at the below mentioned address: At the Registrar: BIGSHARE SERVICES PRIVATE LIMITED Registered Office: E-2, Ansa Industrial Estate, Saki Vihar Road, Sakinaka, Andheri (E), Mumbai - 400072 Tel: 011-23522373 / 022-62638200 Fax: 011-23522373 / 022-62638299 Contact Person: Y K Singhal Email: bssdelhi@bigshareonline.com Website: www.bigshareonline.com Trading Members of the Exchange are requested to take a note of the above.
Brakes Auto 02-Nov-18 05-Nov-18 Trading Members of the Exchange are hereby informed that the undermentioned 9 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from November 5, 2018 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 520115 Company Name Brakes Auto (India) Ltd Consequences of compulsory delisting. 1) As per SEBI Delisting Regulations, 2009 are:- · 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. 2) 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. 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI.
Lok Housing 02-Nov-18 05-Nov-18 Trading Members of the Exchange are hereby informed that the undermentioned 9 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from November 5, 2018 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 500256 Company Name Lok Housing & Constructions Ltd Consequences of compulsory delisting. 1) As per SEBI Delisting Regulations, 2009 are:- · 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. 2) 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. 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI.
Nardhana Infra. 02-Nov-18 05-Nov-18 Trading Members of the Exchange are hereby informed that the undermentioned 9 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from November 5, 2018 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 513611 Company Name Pithampur Steels Ltd Consequences of compulsory delisting. 1) As per SEBI Delisting Regulations, 2009 are:- · 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. 2) 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. 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI.
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