SEBI Deadline Ended May 2014 Regional Stock Exchanges Must Close And Relist Companies

As per SEBI Directive dated Regional Stock Exchanges like Delhi Stock Exchange, Calcutta Stock Exchange must shut down by 30 /05/2014.

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1338376477669.pdf

Companies exclusively listed in these Stock Exchanges must seek Relisting in BSE / NSE

SEBI must take Sahara / DLF type legal action against  Promoters of such  Defaulting companies.

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http://www.business-standard.com/article/markets/sell-shares-of-unlisted-companies-through-off-market-transfer-114101601040_1.html