Pl refer to SEBI circular http://www.sebi.gov.in/cms/sebi_data/attachdocs/1476076928746.pdf and CSE notice http://www.cse-india.com/new_web/news/newsdetail.php?action=detail&tab=1&%20%20eventID=%201695
It appears from the above that now Bharat Nidhi and Benett Coleman have three months w.e.f. 10th October 2016 to either submit action plan of their intention to comply with listing or provide exist route to investors. Thereupon, concerned stock exchange has to ensure completion of process within 6 months. It indicates that by 10th July 2017, there should be some realistic price appearing in the market for Benett Coleman and other group companies holding their BCCL shares.
Pl refer to SEBI circular
ReplyDeletehttp://www.sebi.gov.in/cms/sebi_data/attachdocs/1476076928746.pdf and CSE notice
http://www.cse-india.com/new_web/news/newsdetail.php?action=detail&tab=1&%20%20eventID=%201695
It appears from the above that now Bharat Nidhi and Benett Coleman have three months w.e.f. 10th October 2016 to either submit action plan of their intention to comply with listing or provide exist route to investors. Thereupon, concerned stock exchange has to ensure completion of process within 6 months. It indicates that by 10th July 2017, there should be some realistic price appearing in the market for Benett Coleman and other group companies holding their BCCL shares.