February 25, 2021 Thursday, 22:08 Hrs
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Company Name Date of De-listing Effect Date Reason
Baba Agro Food 12-Feb-21 05-Mar-21 Sub : Voluntary Delisting -Baba Agro Food Limited It is hereby notified that the following security will be suspended from trading w.e.f. February 26, 2021 (i.e. w.e.f. closing hours of trading on February 25, 2021). Further the admission to dealings in the following security shall be withdrawn (delisted) w.e.f. March 05, 2021. Symbol BABAFOOD Company Name Baba Agro Food Limited Series SM Reason for Suspension Delisting of equity shares of the company on account of Voluntary delisting pursuant to SEBI (Delisting of Equity Shares) Regulations, 2009. For and on behalf of National Stock Exchange of India Limited
Delta Leasing 11-Feb-21 15-Feb-21 Trading Members of the Exchange are hereby informed that the undermentioned 2 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from February 15, 2021 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 535486 Company Name Delta Leasing & Finance Ltd. Consequences of compulsory delisting. 1) As per SEBI (Delisting of Equity Shares), Regulations, 2009:- · 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 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, 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. · Also, as per provisions of Regulation 24(2) of the SEBI (Delisting of Equity Shares), Regulations, 2009, in case of companies whose fair value is positive - a) such a company and the depositories shall not effect transfer, by way of sale, pledge, etc., of any of the equity shares held by the promoters/ promoter group and the corporate benefits like dividend, rights, bonus shares, split, etc. shall be frozen for all the equity shares held by the promoters/ promoter group, till the promoters of such company provide an exit option to the public shareholders in compliance with sub-regulation (3) of regulation 23, as certified by the concerned recognized stock exchange; b) the promoters and whole-time directors of the compulsorily delisted company shall also not be eligible to become directors of any listed company till the exit option as stated in clause (a) above is provided. 2) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI.
Divine Multi. 11-Feb-21 15-Feb-21 Trading Members of the Exchange are hereby informed that the undermentioned 2 companies that have remained suspended for more than 6 months would be delisted from the platform of the Exchange, with effect from February 15, 2021 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 523810 Company Name Divine Multimedia (India) Ltd. Consequences of compulsory delisting. 1) As per SEBI (Delisting of Equity Shares), Regulations, 2009:- · 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 (1) of SEBI (Delisting of Equity Shares), Regulations, 2009, 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. · Also, as per provisions of Regulation 24(2) of the SEBI (Delisting of Equity Shares), Regulations, 2009, in case of companies whose fair value is positive - a) such a company and the depositories shall not effect transfer, by way of sale, pledge, etc., of any of the equity shares held by the promoters/ promoter group and the corporate benefits like dividend, rights, bonus shares, split, etc. shall be frozen for all the equity shares held by the promoters/ promoter group, till the promoters of such company provide an exit option to the public shareholders in compliance with sub-regulation (3) of regulation 23, as certified by the concerned recognized stock exchange; b) the promoters and whole-time directors of the compulsorily delisted company shall also not be eligible to become directors of any listed company till the exit option as stated in clause (a) above is provided. 2) Further, these companies would be moved to the Dissemination Board of the Exchange for a period of 5 years as directed by SEBI.
Noble Explochem 04-Feb-21 11-Feb-21 Trading Members of the Exchange are hereby informed that pursuant to Resolution Plan approved by the Hon'ble National Company Law Tribunal, Mumbai Bench vide its order dated January 22, 2020 under section 31 of the Insolvency and Bankruptcy Code, 2016 read with Regulation 3(3)(a) of SEBI (Delisting of equity shares) Regulations, 2009, as amended from time to time, Noble Explochem Limited ("the Company") had applied for delisting of its equity shares. The Company has confirmed that it has complied with requirements of NCLT order dated January 22, 2020 for delisting and also with the requirements of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended from time to time. Further the above scrip will be delisted from the Exchange records w.e.f. Thursday, February 11, 2021. Trading Members of the Exchange are requested to take a note of the above.
Garden Silk Mill 01-Feb-21 08-Feb-21 Trading Members of the Exchange are hereby informed that pursuant to Resolution Plan approved by the Hon'ble National Company Law Tribunal, Ahmedabad Bench vide its order dated January 01, 2021 under section 31 of the Insolvency and Bankruptcy Code, 2016 read with Regulation 3(3)(a) of SEBI (Delisting of equity shares) Regulations, 2009, as amended from time to time, Garden Silk Mills Limited ("the Company") had applied for delisting of its equity shares. The Company has confirmed that it has complied with requirements of NCLT order dated January 01, 2021 for delisting and also with the requirements of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended from time to time. Further the above scrip will be delisted from the Exchange records w.e.f. Monday, February 08, 2021. Trading Members of the Exchange are requested to take a note of the above.
Proaim Enterp. 12-Jan-21 13-Jan-21 Sub: Delisting of Companies Trading Members of the Exchange are hereby informed that the under mentioned scrip codes of the Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from January 13, 2021 (DR-199/2020-2021): Scrip Code 512105 ISIN No. INE490J01032 Name of the Company to be delisted Proaim Enterprises Limited Date of Suspension 3/9/2020 Reason Merged into Banas Finance Ltd
Axon Ventures 12-Jan-21 13-Feb-21 Sub: Delisting of Companies Trading Members of the Exchange are hereby informed that the under mentioned scrip codes of the Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from January 13, 2021 (DR-199/2020-2021): Scrip Code 505506 ISIN No. INE663D01011 Name of the Company to be delisted Axon Ventures Limited Date of Suspension 03/09/2020 Reason Merged into Banas Finance Ltd
Max India 12-Jan-21 13-Jan-21 Sub: Delisting of Companies Trading Members of the Exchange are hereby informed that the under mentioned scrip codes of the Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from January 13, 2021 (DR-199/2020-2021): Scrip Code 539981 ISIN No. INE153U01017 Name of the Company to be delisted Max India Ltd. Date of Suspension 12.06.2020 Reason Merged into (1) Advaita Allied Health Services Limited and (2) Max Healthcare Institute Limited
Rockon Enterp. 12-Jan-21 13-Jan-21 Sub: Delisting of Companies Trading Members of the Exchange are hereby informed that the under mentioned scrip codes of the Companies which have been suspended due to Record Date fixed for the Corporate Action of Amalgamation shall be delisted with effect from January 13, 2021 (DR-199/2020-2021): Scrip Code 531447 ISIN No. INE644B01049 Name of the Company to be delisted Rockon Enterprises Limited Date of Suspension 3/9/2020 Reason Merged into Banas Finance Ltd
Minda Finance 06-Jan-21 13-Jan-21 Trading Members of the Exchange are hereby informed that pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2009, as amended from time to time, the company has complied with the formalities for voluntary delisting of Equity shares. Accordingly, the trading in the equity shares of Minda Finance Limited (Scrip Code: 539303) will be discontinued w.e.f. Wednesday, January 13, 2021 Further the above scrip will be delisted from the Exchange records w.e.f Wednesday, January 20, 2021 Trading Members may further note that the exit option will be kept open by the Acquirers - Minda Investments Limited for the remaining public shareholders for a period of one year from the date of delisting at the rate of Rs. 1950/- (Rupees One Thousand Nine Hundred & Fifty only) per Equity Share, being the exit price determined. Shareholders may send their option forms to the Promoter / Acquirer at the below mentioned address: · At the Promoter/Acquirer: Minda Investments Limited Village Naharpur Kasan, Nakhrola, Manesar, Distt. Gurugram-122004, Tel.: 0124-2291621/622 E-mail: arustagi@mindagroup.com Contact Person: Mr. Lalit Khubchandani, Company Secretary (Minda Finance Ltd) Trading Members of the Exchange are requested to take a note of the above.
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