NSE issued a circular regarding Illiquid

Oct 07, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial Compliance The National Stock Exchange (NSE) on October 07, 2024, issued a circular regarding Illiquid securities.

The following has been stated: -

•In continuance to Exchange circular no. NSE/CMTR/25320 dated December 20, 2013, and under SEBI guidelines vide circular no. SEBI circular no CIR/MRD/DP/38/2013 dated December 19, 2013, on rationalization of periodic call auction for illiquid scrips.

•Nil securities are shortlisted for which periodic call auction shall be conducted with effect from October 14, 2024 (Monday) based on trading activity from April– September 2024.

[Circular Ref. No: 856/2024]

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