The NSE has already decided to suspend the trading in shares of DCHL from 23rd January, as the company failed to submit financial results and shareholding pattern data
Mumbai: BSE (Bombay Stock Exchange) has decided to exclude Deccan Chronicle Holdings from the BSE-500 index, reports PTI.
The exchange has decided to exclude Deccan Chronicle Holdings and include Bharti Infratel in BSE-500 effective from 21st January, the stock exchange said in a statement here.
The National Stock Exchange (NSE) has already decided to suspend the trading in shares of DCHL from 23rd January, as the company failed to submit financial results and shareholding pattern data.
The NSE said in a circular that the reasons for suspension include non-compliance with certain provisions of listing agreement such as non-submission of shareholding pattern, corporate governance report, financial results and reconciliation of share capital audit report for July-September 2012 quarter.
Shares of Deccan Chronicle Holdings on Wednesday fell by nearly 5% to hit a lower circuit limit on the BSE.
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