BSE to suspend 4 companies for non-compliance

Bombay Stock Exchange has announced that following 4 (FOUR) companies have failed to comply with provisions of clause 16 of the Listing Agreement for the year 2005.

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SR.	SCRIP CODE	COMPANY NAME
1	512038	Aaswa Trading & Export Ltd
2	531219	Poonam Corporation Ltd.
3	509917	Technojet Consultants Ltd.
4	531735	Prism Finance Ltd.

Consequently, as per the provisions of the Securities Contracts (Regulation) Rules, 1956 and the Rules, Bye-laws and Regulations of the Exchange, trading in securities of the above 4 (FOUR) companies will be suspended for the period of FIVE trading days from 30th October 2006 (DR-149/2006-2007) to 3rd November 2006 (DR-153/2006-2007), on account of non-compliance with the provisions of clause 16 of the Listing Agreement.

The suspension of trading in securities of companies will be revoked on 6th November 2006 (DR-154/2006-2007).

Source : Equity Bulls

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