Description
BSE announces compulsory delisting of Asahi Infrastructure & Projects Ltd effective August 27, 2025, following suspension for over 6 months.
Summary
BSE has announced the compulsory delisting of Asahi Infrastructure & Projects Ltd (Scrip Code: 512535) effective August 27, 2025. The company has been suspended for more than 6 months, triggering delisting under SEBI (Delisting of Equity Shares) Regulations, 2021.
Key Points
- Asahi Infrastructure & Projects Ltd (512535) will be compulsorily delisted from BSE
- Delisting effective from August 27, 2025
- Company has remained suspended for more than 6 months
- Decision taken by BSE’s Delisting Committee under SEBI regulations
- Securities will cease to be available for trading
Regulatory Changes
- 10-year market access ban for company, directors, promoters and related entities
- Transfer restrictions on promoter shares until exit option provided
- Frozen corporate benefits (dividends, rights, bonus) for promoters
- Directors barred from becoming directors of any listed company
Compliance Requirements
- Promoters must purchase shares from public shareholders at fair value determined by independent valuer
- Company and depositories cannot effect transfer of promoter shares
- Exit option must be provided to public shareholders as per regulations
- Company will be moved to BSE’s Dissemination Board
Important Dates
- August 27, 2025: Effective date of compulsory delisting
- August 25, 2025: Notice date
- Public notice for fair value determination to be issued shortly
Impact Assessment
Market Impact: High - Complete cessation of trading for existing shareholders Regulatory Impact: Severe restrictions including 10-year market access ban for company and related parties Shareholder Impact: Public shareholders dependent on promoter buyback at fair value Operational Impact: Company moved to Dissemination Board with limited market access
Impact Justification
Compulsory delisting severely impacts shareholders and restricts market access for 10 years