Now Reading: BSE ends weekly trading in suspended firms’ shares
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BSE ends weekly trading in suspended firms’ shares
BSE has discontinued weekly trading in securities of companies suspended for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exchange also cancelled the SEBI registration and BSE enlistment for…
The Story in Brief
BSE has discontinued weekly trading in securities of companies suspended for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exchange also cancelled the SEBI registration and BSE enlistment for such firms.
The move tightens the noose on listed entities that fail to meet disclosure norms, restricting their access to trading windows. Affected firms will no longer enjoy regular or weekly trading facilities on the exchange.
The Indian Opinion
Market watchers often accuse exchanges of being lenient with habitual non-compliers, allowing them to trade intermittently. This is a welcome correction. The real test is whether BSE now consistently delists serious defaulters or merely pays lip service while collecting listing fees. How many firms will actually lose their registration in the next quarter will tell us if this is genuine enforcement.
Sources (2): bseindia.com, bseindia.com (2)
This story was synthesised by AI from the 2 sources linked above.
