PPI Original Text (PPI-OT) – The Karachi Stock Exchange (Guarantee) Limiteds’ Restoration of Trading and Shifting of Sardar Chemical Industries Limited from the “Defaulters’ Segment” to “Normal Counter”

Karachi, May 14, 2012 (PPI-OT): Further to our Notice No. KSE/N-1932 dated April 24, 2012.

It is hereby notified to all concerned that Sardar Chemical Industries Limited has rectified the default of Listing Regulation No. 30 (1) (g). The Ordinary Shares of the Company have been declared eligible for book entry transactions by the Central Depository Company of Pakistan Limited w.e.f. May 11, 2012 as notified vide Notice No. KSE/N-2512 dated May 11, 2012.

In view of the above, suspension of trading in the shares of the Company as notified vide our Notice No.KSE/N-1451 dated March 21, 2012 is hereby removed and the name of the Company will be shifted from the defaulters’ Segment” to “Normal Counter” of the Exchange with effect from Tuesday, May 15, 2012.

It is further notified that trading in the shares of the Company will resume with effect from Monday; June 4, 2012 and all transactions taking place in the shares of the Company will be settled through NCCPL.

For The Karachi Stock Exchange (Guarantee) Limited (KSE)

For more information, Contact:
Muhammad Ghufran
DGM Companies Affairs
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

Leave a Reply