BSE, NSE initiate delisting of cos suspended for long

BSE, NSE initiate delisting of cos suspended for long

FPJ BureauUpdated: Thursday, May 30, 2019, 01:57 PM IST
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New Delhi: Leading stock exchanges BSE and NSE have initiated the delisting process for companies that have been under suspension for a very long time, the government said on Friday. “The exchanges have initiated the process of delisting those companies which have been under suspension for a very long time and have not complied with listing requirements,” Minister of State for Finance Arjun Ram Meghwal said in a written reply in the Lok Sabha. As on date, trading in the securities of 1,707 listed companies has been suspended on NSE and BSE (, Meghwal said.

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