IT News Alert:19-technology-companies-banned-by-SEBI-from-trading

19 technology companies banned by SEBI from trading

 As the government pushes ahead with its efforts to weed out shell companies, names of 2,17,239 companies were struck off from the records recently. These companies have not been carrying out business activities for a long period and have also defaulted on compulsory filings.

In a move linked to the heightened scrutiny of shell companies, Bombay Stock Exchange (BSE) too delisted 200 such companies. The stock exchange also barred promoters of these companies from accessing securities market for the next ten year. These blacklisted companies are from various sectors including information technology.

Here are names of technology companies in the list that have been 'compulsorily' delisted by BSE.

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