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NSE to suspend trading in KS Oils, Abhishek Corp from 21st June

NSE has attributed the suspension to “non-compliance with provisions of listing agreement which inter-alia includes non submission of financial results for the period ended 31 December 2012”

The National Stock Exchange (NSE) on Thursday said it will suspend trading in securities of KS Oils and Abhishek Corporation for their failure to comply with provisions of listing agreement.

 

Trading in these securities would be suspended with effect from 21st June, this year.

 

“Trading in the securities (KS Oils and Abhishek Corporation) will be suspended from trading with effect from 21 June 2013 (i.e. Closing hours of trading on 20 June 2013),” the exchange said in a circular.

 

NSE has attributed the suspension to “non-compliance with provisions of listing agreement which inter-alia includes non submission of financial results for the period ended 31 December 2012.”

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COMMENTS

Ajeya S

4 years ago

what will happen to shareholders of these companies, I mean retail investors who are still holding on to these shares?

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