Tuesday, May 24

Tag: Bombay Stock Exchange

Corporate, News, Regulatory

145 Companies under ‘Additional Surveillance Measure’ – BSE

The Bombay Stock Exchange has put 145 firms including 8 firms facing insolvency under the Additional Surveillance Measure framework. Highlights: BSE under its Additional Surveillance Measure has put 145 firms including eight firms facing insolvency. The surveillance actions applicable to the shortlisted securities include placing them in the price band of 5% and levying margins at the rate of 100%. Bombay Stock Exchange under its Additional Surveillance Measure has put 145 firms including eight firms facing insolvency. The parameters for shortlisting securities under the framework are high-low variation, client concentration, number of price band hits, close to close price variation and price-earning ratio. The data shows that the exchange has put  Amtek Auto, Adani Transmi...
Corporate, Regulatory, Watch-out

List of 222 Companies Delisted by BSE on 04 July 18

[Word Count: 432 Estimate Read Time: 2 Min] Summary: Notifications issued on 02 Jul 2018 informing delisting 222 companies Notification no 20180702-28, refers to total of 216 companies 210 companies that have remained suspended for more than 6 months 6 companies that have been compulsorily delisted by NSE The promoters and whole-time directors of compulsorily delisted companies shall not be eligible to become directors of any listed company Notification no 20180702-29, refers to the list of 6 companies that have remained suspended for more than 6 months and whose status on the MCA website is reflected as “under liquidation / liquidated” Notifications, number of companies delisted and consequences and other key insights: Today, 4 Jul 2018, BSE (Bombay Stock Exchange) has de...