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NSE to move 34 companies to dissemination board

Fourteen firms would be moved to the dissemination board from August 31 and the remaining 20 with effect from September 12.

August 30, 2016 / 07:50 IST
     
     
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    Leading stock exchange NSE said it would move 34 companies, that have been compulsorily delisted, to the dissemination board starting from Wednesday.

    Fourteen firms would be moved to the dissemination board from August 31 and the remaining 20 with effect from September 12.

    Sebi has advised to move these compulsory delisted companies to the dissemination board of the exchange, NSE said in a circular.

    The companies include Pyramid Saimira Theatre, Ganapati Exports, Mardia Steel, Alpic Finance, Arihant Cotsyn, Cyberspace Ltd and Wopolin Plastics.

    Generally, compulsorily delisted firms are moved to the dissemination board where it would be available for buying and selling by investors.

    "Members are requested to note that these delisted companies shall be moved to the dissemination board of the exchange," the circular said.

    Earlier this month, NSE announced that these 34 companies would be delisted as they were under liquidation.

    first published: Aug 30, 2016 07:44 am

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