The 36 companies have been suspended from trading for over 13 years. The BSE on Thursday announced its decision to delist 36 companies listed on its platform from January 20 as they have remained suspended for more than 13 years. As per the circular released by the leading stock exchange, the step is in addition to over 250 firms already delisted by the exchange last year. "Trading-members of the exchange are hereby informed that 36 firms that have remained suspended for more than 13 years would be delisted from the platform of the exchange, with effect from January 20, 2017," read the BSE circular. The companies will be now shifted to BSE's dissemination board for a period of five years as per the Sebi guidelines.

Source: dna January 19, 2017 07:16 UTC