Description
BSE discontinues weekly trading facility for Sword-Edge Commercials Ltd after completing the mandatory six-month period following suspension for SEBI LODR non-compliance.
Summary
BSE announces the discontinuation of weekly trading facility for Sword-Edge Commercials Ltd (Scrip Code: 512359) effective September 2, 2025. The company was previously suspended for non-compliance with SEBI LODR Regulations and had been allowed limited trading on a Trade for Trade basis in Z group only on the first trading day of each week for six months.
Key Points
- Sword-Edge Commercials Ltd (Scrip Code: 512359) will lose weekly trading facility
- Company was suspended for non-compliance with SEBI LODR Regulations 2015
- Six-month mandatory period for weekly trading has been completed
- Trading was restricted to Trade for Trade basis in Z group on first trading day of each week
Regulatory Changes
Implementation of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 regarding Standard Operating Procedure for suspension and revocation of equity shares for SEBI LODR non-compliance.
Compliance Requirements
- Trading Members must note the discontinuation of weekly trading facility
- No further trading will be permitted for the suspended company after the effective date
- Queries to be directed to bse.soplodr@bseindia.com
Important Dates
- September 2, 2025: Effective date for discontinuation of weekly trading facility
- January 13, 2025: Original suspension notice date
- August 14, 2025: Current notice date
Impact Assessment
Minimal market impact as this affects only one company that was already under severe trading restrictions. The discontinuation represents the final step in the regulatory process for companies that fail to achieve compliance within the mandated timeframe.
Impact Justification
Affects only one suspended company with limited trading already restricted to weekly basis