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BSE, NSE suspend trading in DHFL shares
Leading exchanges BSE and NSE will suspend trading in the shares of Dewan Housing Finance Corporation Ltd (DHFL) with effect from Monday.
The move, aimed at avoiding market complications , comes against the backdrop of the National Company Law Tribunal (NCLT) approving Piramal Group s resolution plan for the bankrupt-DHFL. The resolution plan under the Insolvency and Bankruptcy Code (IBC) was approved by the tribunal on June 7.
In separate but similarly-worded circulars issued on Friday, BSE and NSE said they would suspend trading in the shares of DHFL with effect from June 14.
The approved resolution plan provides for delisting of equity shares of the company.
ख़बर सुनें
देश के प्रमुख शेयर बाजार बीएसई और एनएसई में सोमवार से दीवान हाउसिंग फाइनेंस कॉरपोरेशन (डीएचएफएल) के शेयरों का कारोबार बंद हो जाएगा। राष्ट्रीय कंपनी विधि न्यायाधिकरण (एनसीएलटी) द्वारा दिवालिया हो चुकी डीएचएफएल के लिए पीरामल समूह की समाधान योजना को मंजूरी के बीच बाजार जटिलताओं से बचने के लिए यह कदम उठाया गया है।
न्यायाधिकरण ने सात जून को दिवाला एवं ऋणशोधन अक्षमता संह
Read more about BSE, NSE suspend trading of DHFL shares from June 14: Know why on Business Standard. Company is awaiting the written order of the NCLT approving the Resolution Plan, says the stock exchange
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