Please Click :-
http://www.business-standard.com/article/markets/regional-stock-exchanges-have-lost-relevance-sebi-chief-113032600228_1.html
http://www.business-standard.com/article/markets/india-inc-s-propensity-to-raise-capital-declining-sharply-sebi-113032600113_1.html
What is most Important is that SEBI must protect the Interests of Share Holders of all those Companies which are EXCLUSIVELY Listed in a Regional / Non Functional Stock Exchange.
SEBI must direct Companies which are EXCLUSIVELY listed to comply with SEBI Guidelines for listing on NSE/ BSE :-
Frick India
Jullundur Motor
PNB Finance
Bharat Nidhi etc etc
For SEBI Guidelines on Relisting , please click :-
http://www.sebi.gov.in/cms/sebi_data/attachdocs/1338376477669.pdf
Also , Click :-
http://www.rareindianshares.info/2012/05/investors-want-frick-jullundur-motors.html
Strict Action should be taken by SEBI against such companies which are delaying Relisting and denying their Public Shareholders proper Liquidity.
Shareholders of such companies should take up the matter , quoting the above mentioned very important SEBI Order ( by suitable emails / at AGM s / letters to SEBI etc etc) for immediate Relisting of Defunct Stock Exchange listed companies.
http://www.business-standard.com/article/markets/regional-stock-exchanges-have-lost-relevance-sebi-chief-113032600228_1.html
http://www.business-standard.com/article/markets/india-inc-s-propensity-to-raise-capital-declining-sharply-sebi-113032600113_1.html
What is most Important is that SEBI must protect the Interests of Share Holders of all those Companies which are EXCLUSIVELY Listed in a Regional / Non Functional Stock Exchange.
SEBI must direct Companies which are EXCLUSIVELY listed to comply with SEBI Guidelines for listing on NSE/ BSE :-
Frick India
Jullundur Motor
PNB Finance
Bharat Nidhi etc etc
For SEBI Guidelines on Relisting , please click :-
http://www.sebi.gov.in/cms/sebi_data/attachdocs/1338376477669.pdf
Also , Click :-
http://www.rareindianshares.info/2012/05/investors-want-frick-jullundur-motors.html
Strict Action should be taken by SEBI against such companies which are delaying Relisting and denying their Public Shareholders proper Liquidity.
Shareholders of such companies should take up the matter , quoting the above mentioned very important SEBI Order ( by suitable emails / at AGM s / letters to SEBI etc etc) for immediate Relisting of Defunct Stock Exchange listed companies.
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