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Department : Listing

Download Ref No: NSE/CML/43569 Date: February 17, 2020


Circular Ref. No: 0180/2020

To All Members,

Sub: Shifting of securities to Z category

Pursuant to SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2018/77 dated May 3, 2018 members


of the Exchange are hereby informed that the following company have been observed as non-
compliant with Regulation 27(2) (submission of corporate governance report) of the SEBI
(LODR) Regulations, 2015 for two consecutive quarters i.e. September 30, 2019 and
December 31, 2019 and/or not paid fine for observed non-compliance. Therefore, trading in
securities of the company shall be transferred to ‘Z’ category (‘BZ’ series) with effect from
February 25, 2020.

Sr. No. Symbol Company Name


1 PARABDRUGS Parabolic Drugs Limited

Further, the following companies have also not submitted the financial result as per
Regulation 27(2) of the SEBI (LODR) Regulations, 2015 for two consecutive quarters i.e.
September 30, 2019 and December 31, 2019 and/or not paid fine for the observed non-
compliance, however securities of these companies are already trading in ‘Z’ category (‘BZ’
series) pursuant to Exchange circulars, details of which are as under:

Sr. No. Symbol Company Name Exchange Circular No.

NSE/CML/38892
1 DIAPOWER Diamond Power Infra Ltd
dated September 17, 2018
NSE/CML/42719
2 EMCO Emco Limited
dated November 25, 2019
NSE/CML/42146
3 JETAIRWAYS Jet Airways (India) Limited
dated September 16, 2019
NSE/CML/42800
4 KGL Karuturi Global Limited
dated December 02, 2019
Metkore Alloys & Industries NSE/CML/ 41492
5 METKORE
Limited dated July 03, 2019
NSE/CML/38215
6 RAMSARUP Ramsarup Industries Limited
dated July 02, 2018
NSE/CML/ 41060
7 THIRUSUGAR Thiru Arooran Sugars Limited
dated May 20, 2018

The trades in the aforesaid securities executed in ‘BZ’ series will be settled on Trade for Trade
Basis.
This circular shall be effective from February 25, 2020.

For and on behalf of


National Stock Exchange of India Limited

Swati Sopare
Sr. Manager – Listing Compliance

Toll Free No.


1800-266-0058

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