BSE to suspend trading in seven firms for violating norms

NEW DELHI: Leading stock exchange BSE will suspend trading in securities of seven companies from April 18 as they have failed to comply with certain norms for two consecutive quarters. In case they comply with the norms by April 12, they would not face trading suspension. The firms that face suspension are Birla Shloka Edutech, Divine Multimedia (India) Ltd, Prism Informatics, REI Six Ten Retail, Shreejal Info Hubs, Skypak Service Specialists and Subh Tex (India) Ltd. The exchange has also ordered freezing of the entire promoter shareholding of these companies from March 27 till further notice.