BSE puts Veronica Productions under third stage of GSM framework
时间:2024-06-17 20:43:24 阅读（143）
Asia’s oldest stock exchange BSE said that it has put Veronica Productions Ltd under the third stage of the graded surveillance measure (GSM) framework. The bourse had imposed trading curbs on Veronica Productions Ltd (VPL) after Sebi issued directions with respect to listed shell companies, including VPL, alleged to have indulged in tax-related violations and other discrepancies.
Veronica Productions Ltd shall be placed under “Stage 3” of graded surveillance measure (GSM) framework effective on May 10, 2023, BSE said in a circular on Wednesday. Further, trading in the securities of the company shall continue to remain suspended until further notice, the bourse added. GSM framework has been made to check any abnormal rise in stock price not commensurate with the company’s financial health.
According to the exchange, securities placed under the GSM framework would be reviewed on a quarterly basis and securities not meeting the inclusion criteria would be moved out of the framework.
上一篇：Unlocking the power of India’s demographic dividend
下一篇：World’s largest white diamond – ‘The Rock’, goes up for auction; see stunning images
猜你喜欢
- Understanding the risk in disguise- How to safeguard your assets during market downturns
- Tata Steel shares jump, then fall 1
- Stocks to Watch- Vedanta, Adani Green, Coal India, Maruti Suzuki, Tata Power
- Tata Power Q4 profit jumps 49%, beats estimates
- In Pictures - Alia Bhatt and Ranbir Kapoor unveil daughter Raha’s adorable face in heartwarming Christmas celebration
- Tata Motors, L&T, Powergrid, Vodafone Idea, Future Retail stocks in focus on weekly F&O expiry day
- Tata Play Binge to offer Haryanvi and Rajasthani content with addition of STAGE
- US stocks- Wall Street set to fall on aggressive rate hike worries
- US Stocks- Futures fall after hot consumer prices data