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Bombay Stock Exchange bans 52 stocks from sec lending
Latest news
Bombay Stock Exchange bans 52 stocks from sec lending
01 August 2012
Mumbai
Reporter: Mark Dugdale
Image: Shutterstock
The Bombay Stock Exchange has excluded 52 stocks from securities borrowing and lending trades.
The ban will begin on 28 September. Banned stocks include Oil India, GlaxoSmithKline Pharmaceuticals, Tata Coffee and Jet Airways India.
The exchange said: “[T]he members of the SLB segment are hereby informed that 52 securities have ceased to fulfill eligibility criteria.”
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