NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : LISTING Download Ref. No.: NSE/CML/37723
Date : May 09, 2018
Circular Ref. No.: 0509/2018 To all Members, Sub : Continuation of suspension of trading in securities of DS Kulkarni Developers Limited 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 observed that DS Kulkarni Developers Limited is non-compliant with submission of financial results and non-payment of fine for two consecutive quarters i.e. 30-Sep-2017 & 31-Dec2017. In view of the above non-compliance the suspension of trading in securities of the company would have been effected on May 31, 2018 if the company remained non-complaint till May 25, 2018 as per SOP circular. However, members’ attention is drawn to our circular ref. no. NSE/CML/37235 dated March 20, 2018 informing that the trading in securities of the company is suspended pursuant to order of Hon’ble National Company Law Tribunal (NCLT). The trading in securities of the company will continue to remain suspended till further notice. Further, as per the SOP circular, the entire promoter shareholding of the company shall be freezed w.e.f. May 09, 2018 till further notice.
For and on behalf of National Stock Exchange of India Limited
Hiren Shah Sr. Manager – Listing Compliance Telephone No : +91-22-26598235/36, 8346