Tuesday 12 January 2021

Amnesty Scheme by the Calcutta Stock Exchange

Amnesty Scheme launched by the Calcutta Stock Exchange for the revocation of suspension of listed companies

Salient Features
  • Applicable for listed companies suspended for less than 7 years

  • Listing compliances reduced from last 12 quarters to last 4 quarters

  • Interest reduced on outstanding listing fee from 18% on the outstanding amount to Rs. 5,000/- p.a. (plus GST) for the year of default

  • Last date to apply: 7 Feb 2021
Standard process of revocation of suspension still available for companies suspended for over 7 years

Regards,

Amit Kumar Mishra
AVP, Intelligent Money Managers Pvt Ltd
Phone: +91 98360 44477

No comments:

Post a Comment