Description

BSE revokes the suspension in trading of equity shares of Frontline Financial Services Limited (Scrip Code: 531685), allowing the scrip to resume normal trading operations.

Summary

BSE has revoked the suspension in trading of equity shares of Frontline Financial Services Limited (Scrip Code: 531685, ISIN: INE776R01011). The company is a financial advisory services provider based in Ahmedabad, Gujarat, listed on BSE and Ahmedabad Stock Exchange.

Key Points

  • Trading suspension has been revoked for Frontline Financial Services Limited
  • Scrip Code: 531685
  • ISIN: INE776R01011
  • Company is engaged in financial advisory services
  • Listed on Bombay Stock Exchange and Ahmedabad Stock Exchange
  • Registered office located at Office No 803, Eighth Floor Wallstreet II, Ellisbridge, Ahmedabad 380006
  • Managing Director: Sandeep Chhaganlal Mathur
  • Company Secretary Ms. Isha Badruka resigned effective July 31, 2025; Mr. Sandeep Mathur appointed as Compliance Officer
  • Auditors: J S Shah & Co. appointed till 2028-29
  • Business operations are active

Regulatory Changes

The suspension previously imposed on trading of the company’s equity shares has been lifted, allowing normal trading operations to resume on the exchange.

Compliance Requirements

  • Company has met the necessary compliance requirements that led to the revocation of suspension
  • Listing fees have been paid to all exchanges
  • No action has been taken against the company by any other exchange in the last five years

Important Dates

  • Circular Date: November 24, 2025
  • Company Profile Date: August 25, 2025
  • Previous Company Secretary resignation: July 31, 2025

Impact Assessment

The revocation of trading suspension is positive for Frontline Financial Services Limited and its shareholders. Normal trading can now resume, improving liquidity and market access for investors. The company appears to have addressed compliance concerns that led to the initial suspension. The appointment of a new compliance officer and maintenance of active auditor relationships indicate ongoing commitment to regulatory requirements.

Impact Justification

Revocation of trading suspension is significant for the specific company and its shareholders, allowing normal trading to resume after compliance requirements were met