Description
BSE revokes trading suspension for Vaishno Cement Company Ltd (Scrip Code: 526941) with updated company profile information.
Summary
BSE has revoked the suspension of trading in equity shares of Vaishno Cement Company Limited (Scrip Code: 526941, ISIN: INE116E01018). The company profile reveals it is currently inoperative with no regular Chairman or Managing Director, only a Whole-time Director.
Key Points
- Trading suspension revoked for Vaishno Cement Company Ltd (Scrip Code: 526941)
- Company is currently inoperative despite being listed on BSE and Calcutta Stock Exchange
- No regular Chairman; Jatin Nanji Chheda serves as Whole-time Director
- Company operates in cement manufacturing and related products
- Registered address: 14B, Ramchandra Moitra Lane, Kolkata, West Bengal - 700005
- Current auditor changed from Bijan Ghosh & Associates to M/s. Manish Mahavir & Co. for FY 2024-25
Regulatory Changes
Revocation of trading suspension allows normal trading to resume in the company’s equity shares on BSE.
Compliance Requirements
- Company must maintain compliance with BSE listing requirements
- Regular filing of financial statements and corporate governance reports
- Adherence to disclosure norms as per SEBI regulations
Important Dates
- Circular Date: August 11, 2025
- Company profile submission: August 11, 2025
Impact Assessment
The revocation enables trading resumption but impact may be limited given the company’s inoperative status. Investors should note the operational challenges and governance structure before making investment decisions. The company’s cement business potential exists but current non-operational status presents risks.
Impact Justification
Trading suspension revocation affects stock liquidity and investor access but limited by company's inoperative status