NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : LISTING Download Ref. No.: NSE/CML/33369
Date : October 06, 2016
Circular Ref. No.: 0831/2016 To all Members, Sub: Suspension of trading in Equity Shares of Broadcast Initiatives Limited, GEI Industrial Systems Limited and Lumax Automotive Systems Limited for non-compliance with SEBI (LODR) Regulations, 2015
Pursuant to the provisions of SEBI circular no. CIR/CFD/CMD/12/2015 dated November 30, 2015 with respect to Standard Operating Procedure (SOP) for suspension and revocation of trading of shares of listed entities for non-compliance of certain regulations of SEBI (LODR) Regulation, 2015; it is hereby informed that trading in Equity Shares of Broadcast Initiatives Limited, GEI Industrial Systems Limited and Lumax Automotive Systems Limited will be suspended w.e.f October 28, 2016 on account of non-compliance with Reg. 27 (2) of SEBI (LODR) Regulations, 2015 for two consecutive quarters i.e., March 31, 2016 and June 30, 2016. The entire promoter shareholding of Broadcast Initiatives Limited, GEI Industrial Systems Limited and Lumax Automotive Systems Limited shall be freezed w.e.f. October 06, 2016 till further notice. In case, Broadcast Initiatives Limited, GEI Industrial Systems Limited and Lumax Automotive Systems Limited complies with respective requirement/s including payment of fines on or before October 24, 2016 (five days before the proposed date of suspension), the trading in Equity Shares of the said companies will not be suspended. However, in case the aforesaid companies fail to comply with the provisions of SEBI (LODR) Regulations, 2015 on or before October 24, 2016 then: • Trading in the Equity Shares of the companies would be suspended w.e.f. October 28, 2016 and the suspension will continue till such time the Company complies including the payment of fine. • 15 days after suspension has been effected, trading in the shares of non-compliant companies would be allowed on Trade for Trade basis in (Series “BZ”) on the first trading day of every week for six months. For and on behalf of National Stock Exchange of India Limited Kamlesh Patel Manager Telephone No +91-22-26598235/36, 8346