30th March 2017
Sub: Exclusively listed companies of De-recognized/ Non-operational/Exited Stock Exchanges placed on the Dissemination Board
To all Listed companies
Attention of such aforesaid listed companies are drawn to SEBI Circular Ref. No. SEBI/HO/MRD/DSA/CIR/P/2017/27 dated March 27, 2017 (copy available at CSE web-site at www.cse-india.com and SEBI web-site at www.sebi.com) wherein
As per point no. 3 of the aforesaid SEBI Circular “ SEBI has been receiving representations seeking clarifications on raising of further capital and the process of exit of ELCs from the DB. Therefore, in the interest of the investors of such ELCs, it is decided to extend the time to submit the plan of action till June 30, 2017. All other conditions as mentioned in the SEBI circular dated October 10, 2016 remain unchanged.”
This is for information.
CS Chandrani Datta