Description

BSE revokes trading suspension for ANG Lifesciences, Vallabh Steels, and WinPro Industries after payment of outstanding Annual Listing Fees, effective August 13, 2025.

Summary

BSE announces the revocation of trading suspension for three companies - ANG Lifesciences India Limited, Vallabh Steels Ltd, and WinPro Industries Limited - following their payment of outstanding Annual Listing Fees. Trading suspension will be lifted effective August 13, 2025, though shares will continue under trade-for-trade mode for other reasons.

Key Points

  • Three companies have paid their outstanding Annual Listing Fees (ALF)
  • Trading suspension to be revoked effective August 13, 2025
  • Shares will continue in trade-for-trade mode for other compliance reasons
  • Action follows SEBI LODR Regulation 14 requirements

Regulatory Changes

No new regulatory changes introduced. This circular implements existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 14 regarding Annual Listing Fees payment.

Compliance Requirements

  • Companies must maintain current payment of Annual Listing Fees to avoid trading suspension
  • Trading Members advised to note the change in trading status
  • Continued compliance with other listing requirements remains mandatory

Important Dates

  • August 13, 2025: Effective date for revocation of trading suspension
  • August 8, 2025: Circular issue date

Impact Assessment

Positive Impact:

  • Restoration of normal trading liquidity for affected securities
  • Improved market access for investors in these companies
  • Demonstrates effective compliance enforcement mechanism

Affected Companies:

  • ANG Lifesciences India Limited (Scrip Code: 540694)
  • Vallabh Steels Ltd (Scrip Code: 513397)
  • WinPro Industries Limited (Scrip Code: 531337)

Shares will remain under trade-for-trade segment due to other compliance issues, limiting speculative trading while allowing genuine transactions.

Impact Justification

Affects trading status of three companies but represents positive compliance resolution