Description
NSE suspends trading in Sahaj Fashions Limited securities effective September 26, 2025 due to non-compliance with financial results submission requirements.
Summary
NSE announces suspension of trading in securities of Sahaj Fashions Limited effective September 26, 2025, due to non-compliance with SEBI Listing Regulations regarding submission of financial results for two consecutive half years (September 30, 2024 and March 31, 2025).
Key Points
- Sahaj Fashions Limited has failed to submit financial results as required under Regulation 33 of SEBI Listing Regulations
- Non-compliance covers two consecutive half years: September 30, 2024 and March 31, 2025
- Trading suspension will commence from September 26, 2025
- Company has until September 23, 2025 to comply and avoid suspension
Regulatory Changes
No new regulatory changes introduced. Action taken pursuant to existing SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Compliance Requirements
- Sahaj Fashions Limited must submit outstanding financial results to avoid trading suspension
- Compliance deadline: September 23, 2025
- Company must adhere to Master Circular provisions to resume normal trading
Important Dates
- September 23, 2025: Final compliance deadline
- September 26, 2025: Trading suspension effective date
- After 15 days of suspension: Securities will trade on Trade for Trade basis (Z category) on first trading day of every week for six months
Impact Assessment
Market Impact: High - Complete trading suspension affects liquidity and investor access. Investor Impact: Shareholders face restricted trading opportunities and potential price volatility. Company Impact: Severe - Loss of market access, reduced liquidity, and potential investor confidence erosion. Post-suspension, limited trading on weekly basis under Z category restrictions.
Impact Justification
Complete trading suspension affects shareholders and market access for the company