Description
BSE revokes trading suspension for Mapro Industries Ltd. effective August 29, 2025, after compliance requirements are met.
Summary
BSE has revoked the trading suspension for Mapro Industries Ltd. (Scrip Code: 509762) effective August 29, 2025, after the company complied with requirements stated in Exchange notice dated June 13, 2018. The securities will be placed under Stage 3 of the Graded Surveillance Measure (GSM) framework.
Key Points
- Trading suspension revoked for Mapro Industries Ltd. (Scrip Code: 509762)
- Company has complied with requirements under para 3(a)(ii) of Exchange notice no. 20180613-29
- Securities will be placed under Stage 3 of GSM framework
- Company will be considered for review in the immediate next GSM review cycle
- Securities will be part of Special Pre-open Session (SPOS) for IPOs & Relisted scrips
Regulatory Changes
The securities of Mapro Industries Ltd. will transition from suspended status to active trading under Stage 3 GSM surveillance framework, indicating enhanced monitoring due to previous compliance issues.
Compliance Requirements
- Trading members must note the inclusion of Mapro Industries securities in Special Pre-open Session (SPOS)
- Market participants should refer to Exchange notice no. 20120216-29 for SPOS procedures
- All market participants are required to take note of this notice
Important Dates
- August 29, 2025: Trading suspension revocation effective date
- August 25, 2025: Notice issue date
- Reference dates: Original suspension notice dated August 24, 2015
Impact Assessment
Medium impact as it allows resumed trading in Mapro Industries securities but under enhanced surveillance (Stage 3 GSM). The placement under GSM Stage 3 indicates continued regulatory scrutiny and potential restrictions on trading activities.
Impact Justification
Trading resumption for a single company with placement under GSM Stage 3 surveillance