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Article: BSE to suspend trading in 22 cos.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- February 7, 2008
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BSE to suspend trading in 22 cos
Mumbai, Feb 7 (PTI) The Bombay Stock Exchange today said it will suspend trading in shares of 22 companies, including Bollywood film production house, K C Bokadia Films Ltd, for non-compliance of the Listing Agreement.
As per the regulations, a company listed on BSE is needed to comply with various clauses of the Listing Agreement, failing which trading in securities of such defaulting companies is liable for suspension.
In a statement issued here, BSE said that despite various reminders and subsequent show-cause notices, a total of 22 companies have failed to comply with various provisions of the Listing ...