Description
BSE revokes suspension on trading of PB Global Limited equity shares, allowing normal trading to resume.
Summary
BSE has revoked the suspension in trading of equity shares of PB Global Limited (Scrip Code: 506580, ISIN: INE615W01011). The company can now resume normal trading operations on the exchange.
Key Points
- Company: PB Global Limited (formerly Pesticides and Brewers Limited)
- Scrip Code: 506580
- ISIN: INE615W01011
- Trading suspension has been revoked
- Company is engaged in chemicals distribution and online trading business
- Registered office in Mumbai, Andheri West
Company Details
- CIN: L99999MH1960PLC011864
- Registered Address: 424, 4th Floor, Shree Laxmi Plaza, New Link Road, Laxmi Industrial Estate, Andheri (West), Mumbai- 400053
- Managing Director: Parimal Mehta
- Company Secretary: Monika Sharma
- Email: compliance@pbltd.in
- Website: https://pbglobal.in
Business Operations
- Primary Business: Chemicals distribution and online trading
- Operational Status: Active
- Subsidiaries: Techstar India Limited and La Rambla Lifestyle Private Limited
- Name Change: Changed from Pesticides and Brewers Limited to PB Global Limited on August 1, 2016
Board of Directors
- Parimal Mehta: Executive Director (Managing Director)
- Lavnya Patil: Non-Executive Director
- Ridhhi Mehta: Independent Non-Executive Director
- Masvi Yusufbhai Qutbuddin: Independent Non-Executive Director
- Yatish Kumar Lohia: CFO
Impact Assessment
The revocation of trading suspension allows investors to buy and sell PB Global shares freely, restoring market liquidity for the stock. This is positive for existing shareholders who can now exit their positions if desired and provides new investment opportunities for interested parties.
Impact Justification
Revocation of trading suspension directly affects stock liquidity and investor access