POLICY FOR COMMENCEMENT/ RECOMMENCEMENT OF TRADING OF SECURITIES

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....nistrator Of All Stock Exchanges Dear Sirs, Sub.: POLICY FOR COMMENCEMENT/ RECOMMENCEMENT OF TRADING OF SECURITIES. I. Currently, the stock exchanges have a policy for imposition of price band on first day of commencement/recommencement of trading in respect of cases of merger, de-merger, amalgamation, capital reduction, scheme of arrangement, revocation of suspension, direct listing on a....

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..... The price band may be retained in all other cases on the first day. IV. Applicability The above policy may come into force with immediate effect. V. Direction to Stock Exchanges Stock Exchanges are advised to give effect to the abovementioned policy and communicate to SEBI, the status of implementation of the requirements of this circular in the next Monthly Development Report. VI....