
SAT orders KD Leisures listing restoration on BSE
The Securities Appellate Tribunal (SAT) has ordered the restoration of KD Leisures Ltd's equity shares on the BSE. The company's shares were previously delisted/suspended due to non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. KD Leisures has now confirmed compliance with all shortfalls, including payment of outstanding fines, annual listing fees, processing fees, and reinstatement fees. BSE acknowledged the compliance and agreed to restore the listing. The restoration is conditional on the company ensuring continuous compliance with LODR Regulations. Failure to comply within four weeks of restoration may lead to the re-imposition of delisting status. Demat accounts of promoters will be unfrozen after the suspension of trading is revoked.
Key Highlights
- SAT ordered restoration of KD Leisures' listing on BSE.
- Company was delisted due to non-compliance with LODR Regulations.
- KD Leisures has now fulfilled all outstanding compliance requirements.
- Listing restoration is conditional on continuous regulatory adherence.
- Promoter demat accounts to be unfrozen post-suspension revocation.
Price Impact