Description
BSE announces status change for Samtel (India) Ltd from delisted to suspended following Securities Appellate Tribunal order, effective August 26, 2025.
Summary
BSE has announced that the delisting of Samtel (India) Ltd (Scrip Code: 500371) has been rescinded pursuant to an order issued by the Hon’ble Securities Appellate Tribunal. The company’s status will change from “Delisted” to “Suspended” effective August 26, 2025.
Key Points
- Samtel (India) Ltd (Scrip Code: 500371) delisting has been rescinded by Securities Appellate Tribunal order
- Company status will change from “Delisted” to “Suspended” effective August 26, 2025
- SEBI Delisting Regulations 24(1) and 24(2) will no longer apply to the company
- Notice issued by BSE Listing Compliance team
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 will no longer be applicable to Samtel (India) Ltd following the status change.
Compliance Requirements
The company will now be subject to compliance requirements applicable to suspended companies rather than delisted entities, following the change in status from delisted to suspended.
Important Dates
- August 22, 2025: Notice date
- August 26, 2025: Effective date for status change from delisted to suspended
Impact Assessment
This status change represents a significant development for Samtel (India) Ltd shareholders and the market, as the company moves from delisted status back to suspended status. The change affects the regulatory framework applicable to the company and may impact future trading possibilities and compliance obligations.
Impact Justification
Significant status change affecting a listed company following tribunal order, impacting regulatory compliance requirements