Leading stock exchange BSE will shift stocks of 17 firms to the restricted trading category, from May 29, for not complying with listing rules. According to a notice, the script will be transferred to the ‘Z’ group.
“Scrips will be transferred to the Z group with effect from May 29, 2017, due to non-compliance for two consecutive quarters — Dec 2016 and Mar 2017 — for Regulation 27(2) of Sebi Regulations, 2015,” BSE said.
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