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Delisted Companies - NSE/BSE

Delisting refers to the practice of removing the stock of a company from a stock exchange so that investors can no longer trade shares of the stock on that exchange. This typically occurs when a company goes out of business, declares bankruptcy, no longer satisfies the listing rules of stock exchange, or has become a private company after a merger or acquisition.

In case of delisting, investors still legally own there shares in the company (should you choose not to sell them). However, delisting is generally regarded as the first step toward potential bankruptcy. Investors Should be prudent to review carefully the reasons for its removal.

If you find that any company is delisted but not covered by us, please email webmaster@stockfry.com and we will start to monitor it.

Guidelines of Delisting of Securities by SEBI-2003
http://www.sebi.gov.in/guide/guide2003.pdf


BSE Code Company Delisted On Reason
519562 P A Seafood Expo 4/19/2004 Members of the Exchange are hereby informed that, in exercise of powers under the Delisting Guidelines issued by SEBI the Delisting Committee has decided to delist the undermentioned companies with effect from Tuesday April 20, 2004. Please note that the trading in the securities were suspended for violation of listing agreement clauses for more than 5 years
524462 Paam Drugs & Ph 7/1/2004 Members of the Exchange are hereby informed that, in exercise of powers under the Delisting Guidelines issued by SEBI the Delisting Committee has decided to delist the undermentioned companies with effect from Friday July 2, 2004. Please note that the trading in the securities were suspended for violation of listing agreement clauses for more than 3 years .
500455 Paam Pharma(Del) 7/1/2004 Members of the Exchange are hereby informed that, in exercise of powers under the Delisting Guidelines issued by SEBI the Delisting Committee has decided to delist the undermentioned companies with effect from Friday July 2, 2004. Please note that the trading in the securities were suspended for violation of listing agreement clauses for more than 3 years .
531864 Pal Distilleries 4/11/2002 Members of the exchange are hereby advised not to deal in the equity shares w.e.f. Wednesday, the 17th April, 2002, as the company has requested the exchange to delist its equity shares pursuant to compliance with Clause 21(3)(a) of the SEBI Regulations, 1997.
530189 Palaypu Fin. 7/1/2004 Members of the Exchange are hereby informed that, in exercise of powers under the Delisting Guidelines issued by SEBI the Delisting Committee has decided to delist the undermentioned companies with effect from Friday July 2, 2004. Please note that the trading in the securities were suspended for violation of listing agreement clauses for more than 3 years .
531864 Pals Distiller 5/11/2002 Members of the Exchange are hereby informed that securities of Pals Distilleries Ltd. (Scrip Code No.531864) will be struck-off (delisted) from the list of Officially Quoted Securities with effect from Monday, the 13th May, 2002 pursuant to the compliance with Clause 21(3)(a) of the SEBI (Substantial Acquisition of Shares and Takeovers Regulations, 1997) by the Acquirer (i.e. Mysore Breweries Ltd.) together with persons acting in concert. The Acquirer has agreed to provide an exit option to the existing shareholders at Rs.35/- per share at any time during one year from the date of delisting. The shareholders who desire to opt for the exit option will have to send their shares to the undermentioned address: MCS Ltd., Unit: Pals Distilleries Ltd. Sri Venkatesh Bhavan, Plot No.27, Road No.11, M.I.D.C., Andheri (E), Mumbai 400 093.
531563 Pam Raffia 7/1/2004 Members of the Exchange are hereby informed that, in exercise of powers under the Delisting Guidelines issued by SEBI the Delisting Committee has decided to delist the undermentioned companies with effect from Friday July 2, 2004. Please note that the trading in the securities were suspended for violation of listing agreement clauses for more than 3 years .
523497 Pampasar Distill 10/17/2002 Members of the Exchange are hereby informed that, the company will be delisted/wound-up with effect from Monday, October 21, 2002 due to Scheme of amalgamation with Maharashtra Distilleries Ltd.
519325 Pan Asia Global 7/1/2004 Members of the Exchange are hereby informed that, in exercise of powers under the Delisting Guidelines issued by SEBI the Delisting Committee has decided to delist the undermentioned companies with effect from Friday July 2, 2004. Please note that the trading in the securities were suspended for violation of listing agreement clauses for more than 3 years .
518061 Pan Asia Inds 4/19/2004 Members of the Exchange are hereby informed that, in exercise of powers under the Delisting Guidelines issued by SEBI the Delisting Committee has decided to delist the undermentioned companies with effect from Tuesday April 20, 2004. Please note that the trading in the securities were suspended for violation of listing agreement clauses for more than 5 years

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