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BSE suspends trading in 20 cos from Aug 28

Apart from Austral Coke & Projects and Dunlop India, trading would also be suspended in Alpha Graphic India, Central Provinces Railways Company, DSJ Communications, Lifeline Drugs & Pharma and SMS Techsoft (India) Ltd among others.
Aug 25, 2015 / 08:29 PM IST
 
 
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Leading stock exchange BSE on Tuesday ordered suspension of trading in shares of as many as 20 companies, including Austral Coke & Projects and Dunlop India, from August 28 until further notice.

The move is aimed at ensuring safety of investors in the capital market. "Based on the parameters provided by Sebi and under provisions of rules, bye-laws and regulation of the exchange, as an interim preventive and remedial measure and to maintain orderly development in the securities market, trading in the securities of the (20) companies will be suspended with effect from August 28, 2015 until further notice," BSE said in a circular.

Apart from Austral Coke & Projects and Dunlop India, trading would also be suspended in Alpha Graphic India, Central Provinces Railways Company, DSJ Communications, Lifeline Drugs & Pharma and SMS Techsoft (India) Ltd among others.

Yesterday, BSE (formerly known as Bombay Stock Exchange) listed out 40 companies including Gujchem Distillers India and Zodiac Ventures that will face suspension of trading from tomorrow. Besides, 17 companies has already started facing suspension in trading from today.

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