Kingfisher Airlines is the defunct airline of fugitive Vijay Mallya. NSE’s delisting move comes after BSE delisted over 200 companies from 11 May as trading in their shares remained suspended for over six months. Photo: Ramesh Pathania/MintNew Delhi: National Stock Exchange has decided to delist Vijay Mallya-promoted Kingfisher Airlines Ltd and Plethico Pharmaceuticals Ltd and 16 other companies from 30 May. NSE’s delisting move comes after BSE delisted over 200 companies from 11 May as trading in their shares remained suspended for over six months. In addition, NSE said seven firms will be delisted due to liquidation on the same day.

Source: Mint May 21, 2018 07:41 UTC