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Sunday, November 04, 2001

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NSE suspends trading in 11 cos

MUMBAI: The National Stock Exchange (NSE) has suspended trading in the equities of 11 companies from November 19 until further notice.

The trading has been suspended for non-compliance with certain provisions of the listing agreement, according to a NSE statement.

The companies are Alpic Finance, Cauvery Software Engineering System, Coral India Finance & Housing, GR Magnets, International Constructions, KND Engineering Technologies, Krebs Biochemicals, Mansukh Industries, NEPC Agro Foods, The Premier Automobiles a nd Vital Communications.

Revokes suspension: The NSE has also decided to revoke suspension in trading of four companies from November 5. This follows a satisfactory response to the issues of non-compliance of listing agreement.

These companies are Antarctica Ltd, The Dhampur Sugar Mills, Paras Petrofils and Shakti LPG. -- Our Bureau

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