Description
Supreme Court order rescinds delisting of Bhagawati Gas Ltd, changing status from 'Delisted' to 'Suspended' effective August 21, 2025.
Summary
BSE announces that pursuant to a Supreme Court order, the delisting of Bhagawati Gas Ltd (Scrip Code: 500051) has been rescinded. The company’s status will change from “Delisted” to “Suspended” effective August 21, 2025.
Key Points
- Supreme Court order rescinded the delisting of Bhagawati Gas Ltd
- Company scrip code: 500051
- Status change from “Delisted” to “Suspended”
- SEBI delisting regulations no longer applicable to the company
Regulatory Changes
The provisions of Regulation 24(1) and Regulation 24(2) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 are no longer applicable to Bhagawati Gas Ltd following the Supreme Court order.
Compliance Requirements
Trading members of BSE are informed of this status change and should adjust their systems and procedures accordingly for Bhagawati Gas Ltd.
Important Dates
- August 21, 2025: Effective date for status change from “Delisted” to “Suspended”
- August 19, 2025: Notice date
Impact Assessment
This development affects only Bhagawati Gas Ltd and represents a reversal of its delisting through judicial intervention. The change to “Suspended” status means the company remains in a non-trading state but is no longer considered delisted under SEBI regulations.
Impact Justification
Supreme Court intervention affecting company listing status but limited to single company