November 27, 2014

SEBI Must Act Against Unquoted Shares ( of Regional Stock Exchanges )

SEBI should , also , ensure that Unquoted shares which were exclusively listed on erstwhile Regional Stock Exchanges ( like Delhi Stock Exchange, Calcutta Stock Exchange , Madras Stock Exchange etc which Stock Exchanges have now become non-operational )are either Relisted on BSE / NSE or Promoters Delist such shares after giving their share holders a just Exit opportunity.

Promoters of Unquoted Shares ( Exclusively Listed on Defunct Regional Stock Exchanges Must Comply with the following SEBI order

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