Description
BSE discontinues weekly trading facility for White Organic Retail Ltd after completing mandatory six-month period following suspension for SEBI regulatory non-compliance.
Summary
BSE announces the discontinuation of weekly trading facility for White Organic Retail Ltd (Scrip Code: 542667) effective September 9, 2025. The company had been allowed limited trading on Trade for Trade basis in Z group only on the first trading day of every week for six months following suspension for non-compliance with SEBI regulations. This six-month period has now been completed.
Key Points
- White Organic Retail Ltd (Scrip Code: 542667) will lose weekly trading privilege
- Company was previously suspended for non-compliance with SEBI (Depositories and Participants) Regulations, 2018
- Six-month mandatory period for weekly trading facility has been completed
- Trading was restricted to Trade for Trade basis in Z group on first trading day of each week
- Original suspension notice was issued on January 20, 2025 (Notice No. 20250120-25)
Regulatory Changes
Implementation of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, specifically Chapter-VII(A) regarding penal actions for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Compliance Requirements
- Trading Members must note the discontinuation of weekly trading facility
- No further trading will be allowed for White Organic Retail Ltd shares after September 9, 2025
- Queries regarding this matter should be directed to bse.soplodr@bseindia.com
Important Dates
- January 20, 2025: Original suspension notice issued
- August 22, 2025: Discontinuation notice issued
- September 9, 2025: Weekly trading facility discontinuation effective date
Impact Assessment
Minimal market impact as this affects only one suspended company with already severely restricted trading access. The discontinuation represents the final step in the regulatory enforcement process for non-compliant entities, completing the six-month grace period for limited trading activity.
Impact Justification
Affects single suspended company with limited trading access being further restricted