Somani Cement (BSE Code 518071) with face value ofRs 10 has been ..a suspended from trading since June 2005. The last time its stock was
traded was on June 28, 2005 at the price of Rs 3.61. The SEBI has restrained the company and its promoters from accessing the securities' market for a period of ten years. This action was taken because the company's chairman had allegedly made several misleading announcements and created abnormal movements in the volume and prices of shares. They also have dematerialised shares in excess of the shares issued. For further information, you can contact the company's RTA. ~
traded was on June 28, 2005 at the price of Rs 3.61. The SEBI has restrained the company and its promoters from accessing the securities' market for a period of ten years. This action was taken because the company's chairman had allegedly made several misleading announcements and created abnormal movements in the volume and prices of shares. They also have dematerialised shares in excess of the shares issued. For further information, you can contact the company's RTA. ~
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