March 27, 2013

Regional Stock Exchanges- SEBI Chief 's Comments

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.

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