SME Times News Bureau | 08 Oct, 2019
The Bombay Stock Exchange (BSE) has suspended the trading terminals of
Fairwealth Securities Ltd from the cash equity segment as the directors
of the company are neither reachable or contactable and the company has
also not provided data to the bourse, a stock exchange announcement said
on Monday.
The BSE has also placed Fairwealth's terminals in
equity derivatives, currency derivatives and commodity derivatives under
the risk reduction mode (RRM).
"Trading members of the exchange
are hereby informed that trading terminals of Fairwealth Securities Ltd
has been deactivated in cash equity segment and have placed them in RRM
in equity derivatives, currency derivatives and commodity derivatives,
with effect from October 3, 2019, as the directors are not contactable
and the trading member is also not providing the data to exchange,"
according to the BSE notification.
