Description

BSE suspends trading in Polo Hotels Limited (526687) effective January 27, 2026, due to non-response to show cause notices and non-existence at registered office address.

Summary

BSE has prohibited trading in securities of Polo Hotels Limited (Scrip Code: 526687) effective Tuesday, January 27, 2026, as an interim measure. This action follows the company’s failure to respond to show cause notices and its non-existence at the registered office address during Exchange site visits.

Key Points

  • Trading in Polo Hotels Limited (526687) is prohibited/suspended from January 27, 2026
  • Company has not responded to BSE’s show cause notices
  • Company found non-existent at registered office address during Exchange site visits
  • Action taken as interim measure pending further investigation
  • Trading members and investors advised to take note

Regulatory Changes

No new regulatory framework changes. This is an enforcement action under existing compliance requirements for listed companies to maintain proper registered office and respond to Exchange communications.

Compliance Requirements

  • Trading members must ensure no trades are executed in Polo Hotels Limited securities from January 27, 2026
  • Investors holding positions should be aware that trading will not be possible until suspension is lifted
  • Company required to respond to show cause notices and establish existence at registered office to potentially lift suspension

Important Dates

  • Notice Date: January 23, 2026
  • Trading Suspension Effective Date: January 27, 2026 (Tuesday)

Impact Assessment

Market Impact: High - Complete trading prohibition prevents all buy/sell transactions, affecting liquidity and investor ability to exit positions. Current shareholders cannot liquidate holdings during suspension period.

Investor Impact: High - Investors holding Polo Hotels Limited securities face immediate illiquidity and potential capital lock-in until compliance issues are resolved and trading resumes.

Company Impact: Critical - Indicates serious operational and compliance concerns, including potential abandonment of registered office and failure to engage with regulatory communications, which may lead to delisting proceedings if unresolved.

Impact Justification

Complete trading prohibition affecting investors holding securities; indicates serious compliance violations and operational concerns about company existence