Description
NSE revokes the suspension of trading in equity shares of Gayatri Projects Limited (GAYAPROJ) effective April 09, 2026, following the company's compliance with SEBI (LODR) Regulations, 2015.
Summary
NSE has revoked the suspension of trading in equity shares of Gayatri Projects Limited (Symbol: GAYAPROJ, ISIN: INE336H01023), effective April 09, 2026. The suspension was originally imposed on December 15, 2025 due to non-compliance with Regulation 33 of SEBI (LODR) Regulations, 2015 for the quarters ended March 31, 2025 and June 30, 2025. The company has since complied with the applicable regulations, leading to the revocation.
Key Points
- Trading suspension for GAYAPROJ is revoked with effect from April 09, 2026
- Suspension was imposed on December 15, 2025 vide NSE Circular No. NSE/CML/71249 (Ref. No. 2196/2025) dated November 12, 2025
- Non-compliance was with Regulation 33 of SEBI (LODR) Regulations, 2015 for quarters ended March 31, 2025 and June 30, 2025
- Trading will be in ‘BE’ series on a trade-for-trade basis
- Issued capital: 18,71,98,685 shares; Face value: Rs. 2; Market Lot: 1
Regulatory Changes
This circular is issued pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 (originally issued July 11, 2023, last updated January 30, 2026), and erstwhile SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which govern trading suspensions and revocations for non-compliance with listing obligations.
Compliance Requirements
- Gayatri Projects Limited has applied for revocation and confirmed compliance with SEBI (LODR) Regulations, 2015
- Members/brokers must note that trades will be executed in the ‘BE’ series and settled on a trade-for-trade basis
- No netting of trades is permitted under trade-for-trade settlement
Important Dates
- December 15, 2025: Trading suspension effective date
- April 01, 2026: Circular issuance date
- April 09, 2026: Revocation of suspension effective date; trading resumes
Impact Assessment
The revocation restores liquidity for investors holding shares of Gayatri Projects Limited, which had been suspended for over three months. Trading will resume in the ‘BE’ series under trade-for-trade settlement, meaning each trade must be independently settled without offsetting, which limits intraday speculation but ensures delivery-based transactions. Investors and members should be aware of the restricted trading series before executing orders from April 09, 2026.
Impact Justification
Directly affects tradability of GAYAPROJ shares; revocation restores market access for investors after suspension since December 15, 2025, with specific effective date and trading conditions.