Intimation under Regulation 30(LODR), Regulation 2015 regarding the order received vide Appeal No. 191 of 2024 from Securities Appellate Tribunal, Mumbai for the revocation of Suspension ....
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Amit Securities Ltd has received an order from the Securities Appellate Tribunal (SAT), Mumbai in Appeal No. 191 of 2024. The tribunal has directed BSE to revoke the suspension of trading of the company's securities on the BSE platform. The order also instructs the immediate defreezing of the Promoters' account. The company has disclosed this development to the stock exchange under SEBI LODR Regulation 30.
This is a positive development for shareholders as the trading suspension on BSE will be lifted, restoring liquidity in the stock. Promoters also regain access to their demat accounts, signaling regulatory relief from a prior adverse action.