Description
BSE announces that the delisting of Typhoon Holdings Ltd (Scrip Code: 512307) has been rescinded by order of the Securities Appellate Tribunal, and the company's status will change from 'Delisted' to 'Suspended' effective December 17, 2025.
Summary
BSE has announced that pursuant to an order issued by the Hon’ble Securities Appellate Tribunal (SAT), the delisting of Typhoon Holdings Ltd (Scrip Code: 512307) has been rescinded. Consequently, the company’s status will be changed from “Delisted” to “Suspended” with effect from December 17, 2025. Following this change, the provisions of Regulation 24(1) and Regulation 24(2) of the SEBI (Delisting of Equity Shares) Regulations, 2009 will no longer be applicable to the company.
Key Points
- Typhoon Holdings Ltd (Scrip Code: 512307) delisting has been rescinded by Securities Appellate Tribunal order
- Status change from “Delisted” to “Suspended” effective December 17, 2025
- SEBI Delisting Regulations 24(1) and 24(2) provisions no longer applicable to the company
- Notice issued by BSE Listing Compliance Department
Regulatory Changes
The Securities Appellate Tribunal has issued an order rescinding the delisting of Typhoon Holdings Ltd. As a result, the regulatory framework applicable to the company changes from delisted status to suspended status, which has different compliance requirements and implications under SEBI regulations.
Compliance Requirements
Following the status change to “Suspended”:
- Provisions of Regulation 24(1) and Regulation 24(2) of the SEBI (Delisting of Equity Shares) Regulations, 2009 are no longer applicable
- The company will be subject to compliance requirements applicable to suspended securities
- Shareholders and market participants should note the changed regulatory status
Important Dates
- Notice Date: December 15, 2025
- Effective Date of Status Change: December 17, 2025
Impact Assessment
Company Impact: This is a significant development for Typhoon Holdings Ltd as the rescission of delisting provides a potential pathway for the company to address compliance issues and potentially restore normal trading status in the future.
Shareholder Impact: Shareholders of Typhoon Holdings Ltd may benefit from this decision as it keeps the door open for future trading restoration, unlike delisted status which is more final.
Market Impact: Limited market-wide impact as this affects a single company. However, it demonstrates the role of appellate mechanisms in securities regulation and may have precedential value for similar cases.
Trading Status: The company remains non-tradeable in suspended status but has not been permanently delisted, allowing for potential future restoration subject to meeting regulatory requirements.
Impact Justification
Affects single company; status change from delisted to suspended following tribunal order; limited market-wide impact but significant for the specific company and its shareholders