Defunct Regional Exchange Shares - SEBI Toughens

To safeguard investors of firms listed on non-operational bourses, the Securities and Exchange Board of India (Sebi) on Friday decided to initiate action against companies which have failed to submit an action plan to list on bourses or to provide exit option to shareholders.

Credit :-


http://www.business-standard.com/article/markets/sebi-to-crackdown-on-non-compliant-companies-on-defunct-bourses-117070800064_1.html


http://indianexpress.com/article/business/economy/regulator-to-initiate-action-over-1k-firms-listed-on-defunct-bourses-not-traceable-sebi-4740917/

also , please read

http://economictimes.indiatimes.com/markets/stocks/news/share-buybacks-kick-up-a-storm-on-defunct-bourses/articleshow/58020197.cms =================
OLD POSTS

http://www.rareindianshares.info/2016/10/relist-or-delist-sebi-ultimatum-to-elc.html

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SEBI and Metropolitan Stock Exchange

http://www.rareindianshares.info/2017/06/sebi-should-decare-metropolitan-as.html

SEBI and Calcutta Stock Exchange

http://www.rareindianshares.info/2017/07/calcutta-stock-exchange-sebi-should.html