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.

Summary

BSE has issued a prohibition/suspension of trading in the securities of Pradhin Limited (Scrip Code 530095) effective March 12, 2026. The action is taken as an interim measure following the company’s failure to respond to a show cause notice and its non-existence at the registered office address during a site visit conducted by the Exchange.

Key Points

  • Trading in Pradhin Limited (Scrip Code 530095) is prohibited/suspended effective March 12, 2026
  • Company failed to respond to BSE’s show cause notice
  • Company was found non-existent at its registered office address during a site visit by the Exchange
  • The suspension is an interim measure pending further action
  • All trading members and investors are requested to take note of the suspension

Regulatory Changes

No new regulatory framework introduced. Action is taken under existing BSE listing compliance and enforcement powers to suspend trading in securities of non-compliant companies.

Compliance Requirements

  • Trading members must cease all trading in Pradhin Limited (Scrip Code 530095) from March 12, 2026
  • Investors are advised to take note and refrain from attempting to trade in these securities
  • No action required by trading members beyond halting transactions in this scrip

Important Dates

  • Circular Date: March 11, 2026
  • Trading Suspension Effective: March 12, 2026

Impact Assessment

The suspension has a high impact on existing shareholders of Pradhin Limited who will be unable to sell or trade their holdings on BSE from March 12, 2026. The company’s non-existence at its registered address and failure to engage with the Exchange’s show cause notice are serious red flags indicating significant compliance and governance failures. The interim nature of the suspension suggests further regulatory action may follow. Investors holding this scrip face liquidity risk until the suspension is lifted.

Impact Justification

Trading suspension directly prevents investors from transacting in the security, with immediate effect from next trading day. Non-existence at registered office indicates serious compliance failure.