Description
BSE announces status change of Samtel (India) Ltd from delisted to suspended following Securities Appellate Tribunal order rescinding delisting.
Summary
BSE announces that the delisting of Samtel (India) Ltd (Scrip Code: 500371) has been rescinded by order of the Hon’ble Securities Appellate Tribunal.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- Samtel (India) Ltd delisting has been rescinded by Securities Appellate Tribunal order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- SEBI Delisting Regulations 24(1) and 24(2) no longer applicable to the company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 on 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and Regulation 24(2) of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 are no longer applicable to Samtel (India) Ltd following the tribunal’s order.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 is administrative in nature following the tribunal order.
Important Dates
- Notice Date: August 22, 2025
- Status Change Effective Date: August 26, 2025
Impact Assessment
The status change from delisted to suspended may restore certain regulatory protections and procedures for shareholders of Samtel (India) Ltd. This administrative change follows legal proceedings and does not immediately affect trading as the company remains suspended.
Impact Justification
Significant status change affecting a specific company's trading status and regulatory compliance