Shares Koutons Retail India tumbled over 13% and touched the 52-week low at Rs10.55, after the National Stock Exchange ( NSE) said that the equity shares of the company will be suspended from trading w.e.f.
April 26, 2012 for non- compliance with certain provisions of the Listing Agreement.
Notice was sent to the Pearl Engineering Polymers, Koutons Retail India and Vikash Metal & Power seeking reasons for non- compliance with certain provisions of the listing agreement.
The companies have failed to respond satisfactorily to the said notice of the Exchange,' the NSE said.
....more info
April 26, 2012 for non- compliance with certain provisions of the Listing Agreement.
Notice was sent to the Pearl Engineering Polymers, Koutons Retail India and Vikash Metal & Power seeking reasons for non- compliance with certain provisions of the listing agreement.
The companies have failed to respond satisfactorily to the said notice of the Exchange,' the NSE said.
....more info