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Drumbeat: Ad Buzzaar
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Saturday, July 25, 1998
Ahmedabad SE suspends dealings in 203 scrips
Our Bureau
Ahmedabad, July 24: The Ahmedabad Stock Exchange (ASE) has suspended dealings in the securities of 203 companies with effect from Friday for their failure to submit unaudited or audited results on a half-yearly basis during the last fiscal. According to senior general manager (operations) DD Shah, all listed companies are required to submit their half-yearly results to the stock exchange as well as release the same by way of advertisement in newspapers under clause 41 of the listing agreement. These companies, however, failed to comply with the provisions of the agreement till November 30 for the period ended September 30 last.Some of the companies are Crescent Colorcoat Systems, Genuine Pharmaceuticals, Gokul Agro Industries, Gold Coin Health Foods, Gujarat Bitument, Gujarat Heavy Chemicals LTD (GHCL), Gujarat State Machine Tools Corporation Ltd, Mahendra Mills Ltd, M Ravji Oil Industries, Parth Finstocks and Vadilal Dairy International. Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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