VSE Vadodara Closes - Shares on BSE Dissemination Board

Exclusively Listed Vadodara Stock Exchange ( VSE ) Shares like Alps Laboratories, Baroda Polyplast, Bharat Parenterals Kanoria Capital Services, Whiteway Products and Quality Steels and Forgings  are  to be shifted to Dissemination Board ( DB ) of BSE 

Read more at:

http://economictimes.indiatimes.com/articleshow/49757113.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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For More on BSE - Dissemination Board , please click :-

http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20120806-19

http://www.bseindia.com/investors/disseminationboard.aspx?expandable=6

3 ) Dissemination Board is a Temporary stop gap measure. 

SEBI has mandated that DSE exclusively listed companied like Frick India , NBI Industrial Fiinance etc etc

either

a ) Relist at BSE / NSE

  or

b ) Officially Delist ( by offering a fair price to shareholders by Reverse Book Building  (RBB ) etc.

" Further, as per SEBI’s most recent Circular on the Subject, companies listed exclusively on Regional Stock Exchanges (RSEs), once shifted DB, shall be under an obligation to either provide liquidity to their shareholders or to provide exit to their public shareholders.

While, the former can be achieved by way of Direct Listing at Nationwide Stock Exchanges (viz. BSE/ NSE/ MCX-SX) and the latter can be attained by following the SEBI Delisting Regulations.

Companies that fail to achieve either of the above, their Promoters and Directors shall be under ----- "

 For More , Please Click the Link given Below :- 

http://corporatelawreporter.com/2015/07/15/shifting-dse-listed-companies-bses-dissemination-board/

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List of DSE Companies- Shifted to BSE - DB

A total of 1334 Delhi Stock Exchange ( DSE ) Exclusively Listed transferred to Dissemination Board of BSE ( Bombay Stock Exchange ) , as per BSE Circular Dt.09/07/2015

Frick India ,

NBI Industrial Finance 

are included in the List

For Complete List , please click :-



http://www.corporateprofessionals.in/fileupload/359-file.pdf

Credit :-

http://www.corporateprofessionals.in/NewsLetterPreview.aspx?NewsLetCat_ID=359

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Dissemination Board ( DB ) of BSE - How it Works

Please Click :-

http://www.bseindia.com/downloads/User_Manual_Members.pdf?expandable=6

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If facing any difficulty regarding Dissemination Board ( DB ) please contact BSE helpline :-

http://www.rareindianshares.info/2015/11/bse-helpline-for-investors-tel-no-email.html

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http://www.rareindianshares.info/2015/11/list-of-baganlore-hyderabad-stock.html

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"Under Sebi's regulations, shares in such companies are moved to a specific platform named 'Dissemination Board', where trading takes place in a restricted manner and a price is quoted when someone wants to buy or sell those shares----- "

For More , Please Click :-

http://profit.ndtv.com/news/market/article-promoters-not-investors-should-first-feel-the-pinch-sebi-1205480.