Come March 5, some 36 companies will get delisted by the BSE as the trading in them has remained suspended for over three years now. As per a circular by the stock exchange, the companies included in the list span sectors such as textiles, technology, pharma and chemicals and trading in them have been suspended for over three years now and such companies are currently under the liquidation process.

The clampdown on shell companies has been on a huge scale and as many as 2 lakh companies have already been deregistered by the government.
Some of the companies to face delisting include Mafatlal Dyes & Chemicals, Veronica Laboratories, Polar Pharma India, Shonkh Technologies International and Bellary Steels & Alloys. And these are among those in which trading has remained suspended for over three years now and are under liquidation.
The other set include companies in which trading has been suspended for over three years now and include Volplast, Ashoka Cotseeds, Vijaykumar Mills, Great Western Industries, Ashoka Cotseeds, Rupal Laminates, Enviro-Clean Systems and Gandhidham Spinning & Manufacturing Co. Ltd.
With Inputs From PTI
More From GoodReturns

Indane, HP & Bharat Gas Cylinder Booking Rules: OTP Mandatory After LPG Refilling Gap Increased to 25-45 Days

Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live: MCX Gold Ends Above Rs 1.40 Lakh, Silver Up 1%; 24K, 22K, 18K Gold On March 24

Gold Rate Crashes Over Rs 1 Lakh in Single Day, Slips to Lowest Since January; Will Gold Price Today Decline?

Gold Price Crash May Fuel Jewellery Demand: Why Kalyan Jewellers Share Price Could Shine Despite 5% Dip

Fatal Crash In Gold Rates In India By Rs 1,03,200/100 Gm; Biggest Single-Day Fall In 24K, 22K, 18K Gold Prices



Click it and Unblock the Notifications