NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : LISTING Download Ref. No.: NSE/CML/34653
Date : April 17, 2017
Circular Ref. No.: 380/2017 To all Members, Sub: Suspension of trading in Equity Shares for non-compliance with SEBI (LODR) Regulations, 2015 Pursuant to the provisions of SEBI circular no. CIR/CFD/CMD/12/2015 dated November 30, 2015 with respect to Standard Operating Procedure (SOP) for suspension and revocation of trading of shares of listed entities for non-compliance of certain regulations of SEBI (LODR) Regulation, 2015; it is hereby informed that NEPC India Limited has submitted the shareholding pattern as on date for the quarter September 2016 & December 2016. However, they have not paid the applicable fines. Hence, the company will be suspended w.e.f. May 09, 2017. The entire promoter shareholding of the company will continued to be frozen w.e.f. April 17, 2017 till further notice. In case, NEPC India Limited complies with respective requirement/s including payment of fines on or before May 03, 2017 (five days before the proposed date of suspension), the trading in Equity Shares of the said companies will not be suspended. However, in case NEPC India Limited fails to comply with the provisions of SEBI (LODR) Regulations, 2015 on or before May 03, 2017 then: • Trading in the Equity Shares of the companies would be suspended w.e.f. May 09, 2017 and the suspension will continue till such time the Company complies including the payment of fine. • 15 days after suspension has been effected, trading in the shares of non-compliant companies would be allowed on Trade for Trade basis in (Series “BZ”) on the first trading day of every week for six months. Please note, Promoter & Promoter group holdings of NEPC India Limited is already freezed w.e.f. April 06, 2017 due to non-compliance of above SEBI circular pursuant to Regulation 27 (2) for two consecutive quarters i.e. September 2016 & December 2016. If the company do not comply with the above SEBI circular pursuant to Regulation 27 (2), then the company will be suspended as per the provisions of circular no. NSE/CML/34587 dated April 06, 2017. If the company complies with SEBI circular dated November 30, 2015 pursuant to Regulation 27 (2), then the suspension date for NEPC India Limited would be May 09, 2017. For and on behalf of National Stock Exchange of India Limited Kautuk Upadhyay Manager Telephone No +91-22-26598235/36, 8346