http://www.business-standard.com/article/companies/brokers-move-for-winding-up-of-delhi-stock-exchange-113040200176_1.html
Brokers move for winding up of DSE . Management says accounts passed with proxy support in the extraordinary general meeting, denies allegations
A significant portion of broker shareholders of Delhi Stock Exchange (DSE) have issued notices calling for an extraordinary general meeting (EGM) to decide on winding up of the company. They want the board to apply for voluntary winding up under the new framework announced by the Securities and Exchange Board of India (Sebi).
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http://www.sebi.gov.in/cms/sebi_data/attachdocs/1338376477669.pdf
What will happens to companies listed on DSE?
ReplyDeleteSEBI's instructions are very clear. All those shares which are exclusively listed at DSE ( like Frick India, Jullundur Motor ) have to be listed in NSE/ BSE or a Dissemination Board provided.
ReplyDeleteShareholders should take up the matter with the Companies concerned / SEBI