Description
BSE cancels trading suspension for two companies effective December 15, 2025, following compliance with SEBI LODR Regulations.
Summary
BSE has announced the cancellation of trading suspension for two companies - Dharan Infra-EPC Ltd (Scrip Code: 541161) and Northlink Fiscal and Capital Services Ltd (Scrip Code: 539110) - effective December 15, 2025. This follows their compliance with provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as referenced in the original suspension notice dated November 12, 2025.
Key Points
- Trading suspension will be cancelled for two companies effective December 15, 2025
- Companies have rectified non-compliances with SEBI LODR Regulations, 2015
- This is a continuation of Exchange Notice No. 20251112-40 dated November 12, 2025
- All other provisions of the original suspension notice remain unchanged
- Market participants are notified to take note of the change
Affected Companies
- Dharan Infra-EPC Ltd - Scrip Code: 541161
- Northlink Fiscal and Capital Services Ltd - Scrip Code: 539110
Regulatory Changes
No new regulatory changes introduced. This circular represents the reversal of a previous enforcement action (trading suspension) due to companies achieving compliance with existing SEBI LODR Regulations, 2015.
Compliance Requirements
The two listed companies have successfully met the compliance requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that were previously violated, leading to the cancellation of their trading suspension.
Important Dates
- Notice Date: December 11, 2025
- Effective Date: December 15, 2025 (trading suspension cancellation becomes effective)
- Original Suspension Notice: November 12, 2025 (Exchange Notice No. 20251112-40)
Impact Assessment
Positive Impact: The cancellation of trading suspension allows investors to resume trading in these securities, restoring market liquidity for these stocks. This demonstrates the companies’ commitment to regulatory compliance and restores investor confidence.
Market Segment: Equity segment only
Stakeholders Affected:
- Existing shareholders of the two companies can resume trading
- Market participants and brokers handling these securities
- The listed companies themselves benefit from restored market access
Contact: For clarifications, market participants can email bse.soplodr@bseindia.com
Impact Justification
Affects two specific companies positively by restoring trading, indicating compliance achievement. Limited broader market impact but significant for affected securities.