Description
BSE announces that Samtel (India) Ltd's delisting has been rescinded by Securities Appellate Tribunal order, changing company status from 'Delisted' to 'Suspended' effective August 26, 2025.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BSE has announced that the delisting of Samtel (India) Ltd (Scrip Code: 500371) has been rescinded pursuant to an order issued by the Hon’ble Securities Appellate Tribunal.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- Samtel (India) Ltd (Scrip Code: 500371) delisting has been rescinded by Securities Appellate Tribunal order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 changes from ‘Delisted’ to ‘Suspended’ effective August 26, 2025
- SEBI Delisting Regulations 24(1) and 24(2) no longer applicable to the company
- Notice issued under BSE Notice No 20250822-23 dated August 22, 2025
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and Regulation 24(2) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 are no longer applicable to Samtel (India) Ltd following the tribunal’s order.
Compliance Requirements
No specific compliance requirements mentioned for market participants. The change affects the company’s regulatory status and applicable provisions under SEBI delisting regulations.
Important Dates
- August 22, 2025: Notice date
- August 26, 2025: Effective date for status change from ‘Delisted’ to ‘Suspended’
Impact Assessment
This is a rare occurrence where a delisted company’s status is restored following a tribunal order. The change to ‘Suspended’ status means the company remains non-tradable but is no longer classified as delisted. This affects the regulatory framework applicable to the company and may have implications for shareholders and any future corporate actions.
Impact Justification
High importance due to rare delisting rescission by tribunal; medium impact as affects single suspended company