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BSE suspends trading in 85 scrips
Mumbai: The Bombay Stock Exchange has decided to suspend trading in securities of 85 companies, including IDI, Jumbo Finance and Sterling Strips, with effect from 13 May until further notice for non-compliance of listing agreement.

"It has been observed that these companies have failed to submit results for quarters ending June, September and December 2001 as per requirements of Clause 41 of listing agreement," BSE said in a release here.

These 85 entities, which were issued showcause notices, have failed to reply leading to the suspension, it said.

Some of the companies are Alka Diamond Industries, Bhaskar Agrochemicals, Dyna Lamps & Glass Works, Indo Zinc, Paschim Petrochem and Rajkumar Forge.
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domain - B : Indian business : News Review : 8 May : Capital Market