August 12, 2017

107 Shell Companies ( from 331 ) are Unlisted

The list of 107 unlisted companies included 

Nonstop Plantation, 
Sapoi Tea,
Balashri Commercial, 
Tripurari Finvest, 
Swastic Securities,
Purbanchal Steel,
 Kalpataru Engineering,
Konark Commerce, 
Denim Developers,
 Satyam Projects,
 Sangotri Constructions, 
Sunshine Housecon,
 Indianivesh Capital, 
Universal Multimedia,
Ganga Builders 
and 
Logic Infotech.

for more / source , please click

http://www.moneycontrol.com/news/business/check-107-unlisted-firms-trading-in-markets-sebi-to-brokers-2358021.html

http://www.business-standard.com/article/markets/parsvnath-developers-pincon-spirit-locked-lower-circuit-as-trading-resumes-117081400487_1.html


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old post


August 09, 2017


List of 331 Shell Companies- Trading Stopped

Full List

http://economictimes.indiatimes.com/markets/stocks/news/these-331-shell-firms-have-stopped-trading-from-today-do-you-own-any/articleshow/59965720.cms

Trading permitted only once a month ( i.e. First Monday of each month ) 

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also , please click

http://economictimes.indiatimes.com/markets/stocks/news/36-lakh-investors-shell-shocked-most-firms-say-sebi-decision-has-no-basis/articleshow/59980568.cms

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Do Not Punish Investors

http://economictimes.indiatimes.com/markets/stocks/news/shell-company-stocks-surged-up-to-188-in-17-but-theres-no-exit-now/articleshow/59981808.cms

Trading should not stop. ( 331 Companies to Trade only once a month -i.e. First Monday of each Month ).


This means punishing the hapless Investors who have no role in running the affairs of the Company.

SEBI / Govt, should first solve the issue of   Non Trading of Shares which were earlier Exclusively Listed in , now closed , Regional Stock Exchanges.

Then there is issue of Metropolitan Stock Exchange.

Many small cap gems like Frick India are listed exclusively in Metropolitan Stock Exchange. No share trading is taking place in Metropolitan Stock Exchange causing immense problem to the Investors.

SEBI must ensure regular trading in Metropolitan Stock Exchange and help small Investors. 

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