Description
NSE suspends trading in Udaipur Cement Works Limited shares effective August 25, 2025 due to scheme of amalgamation.
Summary
NSE has announced the suspension of trading in equity shares of Udaipur Cement Works Limited (Symbol: UDAICEMENT) effective August 25, 2025, due to a scheme of amalgamation. Trading will be suspended from the closing hours of August 22, 2025.
Key Points
- Company affected: Udaipur Cement Works Limited
- Stock symbol: UDAICEMENT
- Series: EQ (Equity)
- Suspension effective from: August 25, 2025
- Last trading day: August 22, 2025 (closing hours)
- Reason: Scheme of Amalgamation
Regulatory Changes
Trading suspension implemented under Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Compliance Requirements
- All members must cease trading in UDAICEMENT shares from August 25, 2025
- No new positions can be created after the suspension date
- Existing positions will need to be handled according to amalgamation scheme terms
Important Dates
- August 18, 2025: Circular issued
- August 22, 2025: Last day of trading (until closing hours)
- August 25, 2025: Trading suspension becomes effective
Impact Assessment
High impact for current shareholders and traders as all trading activity will cease. Investors holding positions in UDAICEMENT will be affected by the amalgamation process and should monitor further announcements regarding the scheme implementation and any resulting securities.
Impact Justification
Complete trading suspension affects all shareholders and market participants dealing with this security