In a circular, BSE said that 28 companies, that have been suspended for more than 3 years and are under liquidation, will be delisted. Photo: MintNew Delhi: Leading stock exchange BSE will delist 36 companies from next week as trading in their shares has remained suspended for over three years. These companies will be delisted from 5 March, BSE said in two separate circulars on Wednesday. In a circular, BSE said that 28 companies, that have been suspended for more than three years and are under liquidation, will be delisted. Promoters of these delisted companies will be required to purchase the shares from the public shareholders as per the fair value determined by the independent valuer appointed by the BSE.

Source: Mint February 28, 2018 11:03 UTC