BSE Ltd.

04/25/2024 | Press release | Distributed by Public on 04/25/2024 08:56

Surveillance Measure for securities under IBC

NOTICES
Notice No. 20240425-53 Notice Date 25 Apr 2024
Category Trading Segment Equity
Subject Surveillance Measure for securities under IBC
Attachments ANNEXURES.xls ;
Content

With reference to the Exchange notice no. 20180608-34 dated June 08, 2018, and Exchange notice no. 20220520-52 dated May 20, 2022, in respect of Additional Surveillance Measure for Companies as per Insolvency and Bankruptcy Code (IBC).<_o3a_p>

Members are hereby requested to note that the securities as per attached Annexure I have satisfied the criteria under ASM for Companies as per Insolvency and Bankruptcy Code (IBC) with effect from April 26, 2024.<_o3a_p>

Securities which are placed under the above-mentioned Framework would be reviewed on periodical basis. Further, the list of securities which are moving out from IBC Framework, w.e.f. April 26, 2024 is given in Annexure II.<_o3a_p>

For ready reference, consolidated list of securities under the Framework is attached as Annexure III.<_o3a_p>

Market participants may note that above Framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.<_o3a_p>

Also, it may also be noted that the shortlisting of securities under aforesaid Framework is purely on account of market surveillance, and it should not be construed as an adverse action against the concerned company/entity.<_o3a_p>

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In case of any clarifications, membersmay write to us at [email protected]<_o3a_p>

For & On behalf of BSE Ltd.<_o3a_p>

Yogendra Daxini Saji Sunilkumar<_o3a_p>

Deputy General Manager Assistant General Manager <_o3a_p>

Surveillance Surveillance<_o3a_p>

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April 25, 2024<_o3a_p>