Sunday, May 12, 2013

WHEN INDO BONITO RELIST?

Dear Mahesh ji, I brought Indo Bonito Multinational Ltd shares 2 years back. But now the stock is not traded in BSE. Can you please let us know why this stock is not trading.Also suggest how to sell these shares. Is there any chance that this stock will trade again in the market. Can you please provide to suggestion. Thanks & Regards M Rajkumar 
1. When a company not follow stock index guidelines and involve in illegal activities like insider tradings and make false demand of stocks than stock exchanges suspended these type of company due to penal reason. 
2. One other kind of suspension called " Suspended due to procedural reason" this type of suspension is a temporary suspension due to merger , de merger, change in face value. stock of gujrat sidhee cement is suspended due to procedural reason and may be re listed again with new ISIN number. 
3. Stock of indo bonito ltd is suspended due to penal reason. 
4. Other danger thing that indo bonito not renewal domain for his website after 30 aprail 2013. 
5. For off market selling of your stocks give you stock transfer and registrar adress , please sent your quary about indo botino limited to this stock transfer and registrar :- 
Sharepro Services India Pvt Ltd
 Satam Estate,3rd Floor, 
Chakala , 
Andheri (East),Mumbai,Maharashtra,400099

2 comments:

  1. sir, i bought drdatson ltd. shares3600@9. company was suspend in june 2015 but now bse status"
    Suspended due to Procedural reasons". it will be relisting if yes so how much time take for proced and relisting?

    ReplyDelete
  2. please contact dr datson ltd for share relisting information

    ReplyDelete

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