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Company De-Listing Date Effective Date Reason
Electrosteel St. 06-Dec-2018 20-Dec-2018 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-2018 21-Dec-2018 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.
Indus Fila 02-Nov-2018 05-Nov-2018 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 532821 Company Name Indus Fila 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.
Sibar Software 02-Nov-2018 05-Nov-2018 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 532302 Company Name Sibar Software Services (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.
IQ Infotech 02-Nov-2018 05-Nov-2018 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 532421 Company Name IQ Infotech 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.
Anil 02-Nov-2018 05-Nov-2018 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 532910 Company Name Anil 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-2018 05-Nov-2018 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.
Brakes Auto 02-Nov-2018 05-Nov-2018 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.
Nardhana Infra. 02-Nov-2018 05-Nov-2018 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.
Prakash Solvent 02-Nov-2018 05-Nov-2018 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 519430 Company Name Prakash Solvent Extractions 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.
Metropoli Overse 02-Nov-2018 05-Nov-2018 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 514456 Company Name Metropoli Overseas 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.
Netvista Inform 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 530811 Company Name Netvista Information Technology Ltd 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
REI Agro 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 532106 Company Name Rei Agro Ltd* 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
STG Lifecare 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 532293 Company Name Software Technology Group International Ltd 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
Vatsa Corpn 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 511371 Company Name Vatsa Corporation Ltd 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
U B Holdings 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 507458 Company Name United Breweries (Holdings) Ltd. * 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
Malwa Cotton Spg 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 502995 Company Name Malwa Cotton Spinning Mills Ltd 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
Net 4 India 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 532912 Company Name Net 4 India Ltd 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
Decolight Cera. 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 532858 Company Name Decolight Ceramics Ltd* 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
REI Six Ten 26-Sep-2018 28-Sep-2018 Trading Members of the Exchange are hereby informed that the undermentioned 10 companies that have been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from September 28, 2018 pursuant to order of the Delisting Committee of the Exchange in terms of Rule 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 ("Regulations"). Rule 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that "If the securities is delisted under clause (1) the said securities shall be delisted from all recognized stock exchanges". Scrip Code 533065 Company Name Rei Six Ten Retail Ltd 1) As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said companies: · 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. *As these companies are under liquidation / liquidated, in terms of guidance received from the Securities and Exchange Board of India, the provisions of Regulation 24 of the SEBI Delisting Regulations 2009 reproduced below, would not apply to the companies / promoters / whole time directors of these companies, if the date of the appointment of provisional liquidator or the order of winding up is prior to the date of compulsory delisting Regulation 24: "Where a company has been compulsorily delisted under this Chapter, the company, its whole time directors, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting....," 3) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.
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