Consequences of Non Listing of Securities - Security Analysis and Investment Management

In case the company has not applied for listing or the one or more recognized stock exchanges have not granted permission before the expiry of ten weeks from the date of closure of subscription list, then the following consequences follow:

  • subject themselves to various regulatory measures of SEBI and stock exchanges;
  • submit required books, documents and papers and disclose any other information which the stock exchange ask for;
  • send to all shareholders the notices of Annual General Meetings, Annual Reports, etc.; and
  • place its securities with the public.

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