NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : SURVEILLANCE Download Ref. No.: NSE/SURV/36705
Date: January 08, 2018
Circular Ref. No.:- 12/2018 To All NSE Members Sub: List of securities moving out of stage VI of Graded Surveillance Measures (GSM) This has reference to Exchange Circular No. 36672 dated January 4, 2018 and Exchange Circular Nos. 36700 & 36701 dated January 8, 2018. The said circular(s) should be read as follows: ATN International Limited (ATNINTER): The following action is initiated w.r.t. company ATN International Limited. (ATNINTER): i. The trading in securities of ATN International Limited shall be reverted to the status as it stood prior to issuance of letter dated August 7, 2017 by SEBI. ii. National stock Exchange of India Limited shall appoint an independent forensic auditor inter alia to further verify: a. Misrepresentation including of financials and/or business of ATN International Limited, if any; b. Misuse of the funds/books of accounts of the company, if any. iii. The promoters and directors in ATN International Limited are permitted only to buy the securities of ATN International Limited. The shares held by the promoters and directors in ATN International Limited shall not be allowed to be transferred for sale, by depositories. iv. The other actions envisaged in SEBI’s letter dated August 07, 2017 in paragraph 1(d), as may be applicable, and the consequential action taken by National Stock Exchange of India Limited shall continue to have effect against ATN International Limited.
Regd. Office: Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051, India. CIN: U67120MH1992PLC069769 · Tel: +91 22 26598129 / 022-26598166 · Fax: +91 22 26598195 Web site: www.nseindia .com
The series and GSM stage for the securities with effect from January 09, 2018 shall be as under: SYMBOL
Series
Security Name
ISIN
GSM Stage
ATNINTER
BE
ATN International Limited
INE803A01027
V
Austral Coke & Projects Limited (AUSTRAL): The following action is initiated w.r.t. company Austral Coke & Projects Limited (AUSTRAL): i. The trading in securities of Austral Coke & Projects Limited shall be reverted to the status as it stood prior to issuance of letter dated August 7, 2017 by SEBI. ii. National stock Exchange of India Limited shall appoint an independent forensic auditor inter alia to further verify: a. Misrepresentation including of financials and/or business of Austral Coke & Projects Limited, if any; b. Misuse of the funds/books of accounts of the company, if any. iii. The promoters and directors in Austral Coke & Projects Limited are permitted only to buy the securities of Austral Coke & Projects Limited. The shares held by the promoters and directors in Austral Coke & Projects Limited shall not be allowed to be transferred for sale, by depositories. iv. The other actions envisaged in SEBI’s letter dated August 07, 2017 in paragraph 1(d), as may be applicable, and the consequential action taken by National Stock Exchange of India Limited shall continue to have effect against Austral Coke & Projects Limited.
The series and Price Band for the security with effect from January 09, 2018 shall be as under: SYMBOL
Series
Security Name
ISIN
Price Band
AUSTRAL
BE
Austral Coke & Projects Limited
INE455J01027
5
Blue Chip India Limited (BLUECHIP): In the facts and circumstances of the case, the Exchange, hereby, revoke the actions envisaged in SEBI’s letter dated August 07, 2017 and the consequential actions taken by National Stock Exchange of India Limited against Blue Chip India Limited, its promoters and directors. The series and GSM stage for the securities with effect from January 09, 2018 shall be as under: SYMBOL
Series
Security Name
ISIN
GSM Stage
BLUECHIP
BE
Blue Chip India Limited
INE657B01025
II
Regd. Office: Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051, India. CIN: U67120MH1992PLC069769 · Tel: +91 22 26598129 / 022-26598166 · Fax: +91 22 26598195 Web site: www.nseindia .com
Kaushalya Infrastructure Development Corporation Limited (KAUSHALYA): The following action is initiated w.r.t. company Kaushalya Infrastructure Development Corporation Limited (KAUSHALYA): i. The trading in securities of Kaushalya Infrastructure Development Corporation Limited shall be reverted to the status as it stood prior to issuance of letter dated August 7, 2017 by SEBI. ii. National stock Exchange of India Limited shall appoint an independent forensic auditor inter alia to further verify: a. Misrepresentation including of financials and/or business of Kaushalya Infrastructure Development Corporation Limited, if any; b. Misuse of the funds/books of accounts of the company, if any. iii. The promoters and directors in Kaushalya Infrastructure Development Corporation Limited are permitted only to buy the securities of Kaushalya Infrastructure Development Corporation Limited. The shares held by the promoters and directors in Kaushalya Infrastructure Development Corporation Limited shall not be allowed to be transferred for sale, by depositories. iv. The other actions envisaged in SEBI’s letter dated August 07, 2017 in paragraph 1(d), as may be applicable, and the consequential action taken by National Stock Exchange of India Limited shall continue to have effect against Kaushalya Infrastructure Development Corporation Limited. This circular shall be effective with immediate effect. In case of any further queries, members are requested to contact the following officials: Mr. Siddhant Gupta (Extn: 22404), Mr. Sareesh Koroth (Extn: 23053), Ms. Vibha Kallianpur (Extn: 25455); Direct No: 022-26598129/8166
For National Stock Exchange of India Limited Avishkar Naik Assistant Vice President Surveillance
Regd. Office: Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051, India. CIN: U67120MH1992PLC069769 · Tel: +91 22 26598129 / 022-26598166 · Fax: +91 22 26598195 Web site: www.nseindia .com