BSE Ltd.

04/25/2024 | Press release | Distributed by Public on 04/25/2024 05:51

Suspension of trading in securities of companies for non-compliances with provisions of certain Regulations of SEBI (Depositories and Participants) Regulations, 2018

NOTICES
Notice No. 20240425-19 Notice Date 25 Apr 2024
Category Company related Segment Equity
Subject Suspension of trading in securities of companies for non-compliances with provisions of certain Regulations of SEBI (Depositories and Participants) Regulations, 2018
Content

Pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 ("Master Circular") (Erstwhile SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22,2020), issued by Securities and Exchange Board of India (SEBI) with respect to Standard Operating Procedure (SOP) for suspension and revocation of equity shares of listed entities for non-compliance with provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Trading members are requested to note that the following will be effected:<_o3a_p>

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1) Trading in securities of the undermentioned companies will be suspended w.e.f May 27, 2024(being 30 days from issue of this notice); on account of non-compliance with Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018 for two consecutive quarters i.e. September 2023 & December 2023.<_o3a_p>

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SR. No <_o3a_p>

Scrip <_o3a_p>

Company Name <_o3a_p>

1<_o3a_p>

531300<_o3a_p>

Amit International Ltd<_o3a_p>

2<_o3a_p>

531252<_o3a_p>

Aneri Fincap Ltd<_o3a_p>

3<_o3a_p>

536868<_o3a_p>

Integra Telecommunication & Software Ltd<_o3a_p>

4<_o3a_p>

542677<_o3a_p>

Mahesh Developers Ltd<_o3a_p>

5<_o3a_p>

512215<_o3a_p>

Stephanotis Finance Ltd<_o3a_p>

6<_o3a_p>

514144<_o3a_p>

Uniworth Ltd<_o3a_p>

<_o3a_p>

2) Freezing of the entire shareholding of the promoter in the noncompliant listed entity as well as all other securities held in the demat account(s) of the promoter shall remain frozen during the period of suspension. <_o3a_p>

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Trading Members may further note that:<_o3a_p>

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a) In case, the aforesaid companies comply (to the satisfaction of the Exchange) with all the provisions of the Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018on or before May 22, 2024; trading in securities of the said companies will not be suspended. <_o3a_p>

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b) However, in case the aforesaid companies fail to comply with the provisions of the Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018, to the satisfaction of the Exchange on or before May 22, 2024; then:-<_o3a_p>

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· Trading in the securities of the companies would be suspended w.e.f. May 27, 2024, and the suspension will continue till such time the company complies. <_o3a_p>

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· 15 days after suspension has been effected, trading in the shares of the non-compliant companies would be allowed on Trade for Trade basis in Z group only on the first trading day of every week for six months.<_o3a_p>

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· Revocation of suspension would be subject to the company further complying with the procedure and all extant norms prescribed for revocation of suspension.<_o3a_p>

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For further clarification on the above, please email on [email protected]<_o3a_p>

<_o3a_p>

Sambhaji Solat Reena Raphel

Senior Manager Associate Manager<_o3a_p>

Listing Compliance Listing Compliance <_o3a_p>

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April 25, 2024<_o3a_p>