Description

BSE has prohibited/suspended trading in securities of Pradhin Limited (Scrip Code 530095) effective March 12, 2026, due to non-response to show cause notice and non-existence at registered office address.

Summary

BSE has issued a notice prohibiting and suspending trading in the securities of Pradhin Limited (Scrip Code 530095) with effect from March 12, 2026. The action is taken as an interim measure after the company failed to respond to a show cause notice and was found to be non-existent at its registered office address during a site visit conducted by the Exchange.

Key Points

  • Trading in securities of Pradhin Limited (Scrip Code 530095) is prohibited/suspended effective March 12, 2026
  • Company did not provide any response to the show cause notice issued by BSE
  • Site visit conducted by the Exchange confirmed non-existence of the company at its registered office address
  • Suspension is implemented as an interim measure
  • All trading members and investors are requested to take note of the suspension

Regulatory Changes

No new regulatory framework changes. Action taken under existing BSE listing compliance provisions that allow the Exchange to suspend trading in securities of non-compliant or unresponsive listed companies.

Compliance Requirements

  • Trading members must immediately cease facilitating trades in Pradhin Limited (Scrip Code 530095) from March 12, 2026
  • Investors holding positions in the scrip should note that trading will not be permitted from the effective date
  • No action specified for the company in this notice beyond the implied requirement to respond to BSE

Important Dates

  • Notice Date: March 11, 2026
  • Effective Date of Suspension: March 12, 2026

Impact Assessment

The suspension directly impacts all investors and trading members who hold or intend to trade in Pradhin Limited securities. Investors currently holding the stock will be unable to exit their positions through normal market trading once the suspension takes effect. The action reflects serious compliance concerns, including potential company inaccessibility, which may indicate deeper financial or operational issues. The interim nature of the suspension suggests the matter may be reviewed if the company responds to BSE’s show cause notice.

Impact Justification

Direct trading suspension of a listed security effective the next trading day, impacting all investors and trading members holding or transacting in Pradhin Limited shares.