Description
Bhalchandram Clothing Limited to be delisted from NSE's Institutional Trading Platform effective November 03, 2025, following voluntary delisting application under SEBI regulations.
Summary
Bhalchandram Clothing Limited has applied for voluntary delisting from the National Stock Exchange’s Institutional Trading Platform under SEBI regulations. The company’s equity shares will be suspended from trading effective October 27, 2025, and admission to dealings will be permanently withdrawn (delisted) effective November 03, 2025.
Key Points
- Bhalchandram Clothing Limited applied for voluntary delisting under Regulation 290 of Chapter X of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Application also made under Regulation 106ZD(2)(a) of SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulations, 2013
- Trading suspension effective: October 27, 2025
- Complete delisting effective: November 03, 2025
- Stock Symbol: BHALCHANDR
- Series: IT (Institutional Trading)
- Circular Reference: NSE/CML/70787, Circular No. 2025/2006
Regulatory Changes
The delisting is pursuant to:
- Regulation 290 under Chapter X of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Regulation 106ZD(2)(a) of the SEBI (Listing of Specified Securities on Institutional Trading Platform) Regulations, 2013
- SEBI circular no. CIR/MRD/DSA/33/2013 dated October 24, 2013
Compliance Requirements
- All members of NSE must note the trading suspension and delisting schedule
- No trading will be permitted in BHALCHANDR shares after October 26, 2025
- Members must inform their clients holding BHALCHANDR shares about the delisting
- Shareholders should follow the voluntary delisting process as per SEBI regulations for tendering shares
Important Dates
- October 13, 2025: Circular issued by NSE
- October 27, 2025: Trading suspension becomes effective
- November 03, 2025: Complete delisting and withdrawal of admission to dealings
Impact Assessment
This voluntary delisting will have significant impact on:
Shareholders: All existing shareholders of Bhalchandram Clothing Limited will need to participate in the delisting process to exit their investment. After November 03, 2025, the shares will not be tradeable on NSE.
Market Operations: The stock will be removed from the Institutional Trading Platform, eliminating secondary market liquidity for these securities.
Regulatory Compliance: The delisting follows proper regulatory procedures under SEBI regulations, providing a structured exit mechanism for shareholders through the voluntary delisting process.
Trading Members: Members must ensure proper communication with clients and compliance with the suspension and delisting timeline to avoid any operational issues.
Impact Justification
Complete delisting of a company from trading platform affects all shareholders and investors, with immediate trading suspension and permanent withdrawal of admission to dealings.