DSE enlists Parsvnath’s equity scrip
The Delhi Stock Exchange (DSE) has enlisted the equity shares of Parsvnath Developers Limited, a real state giant already listed with NSE and BSE. The Listing committee of the Exchange has conveyed its consent for granting the approval for listing of 1,99,85,52,472 equity shares of Rs. 10 each.
The same was ratified by the Board of Directors of the Exchange in its Board Meeting held on 30th October, 2009. With the listing of shares of a leading company like PDL the bourse will enjoy the benefit of larger investment penetration and diversified investors’ participation. After several years of no trading, new listings have started on the Exchange and it is in process of enlisting the scrips of several other companies of good repute.
Parsvnath is a shareholder company of the DSE holding approx 5 % equity shares of DSE. So many other companies of good repute are approaching DSE for listing of their scrips and the Exchange is hopeful for new listing of 100 companies having handsome volume of trading at other bourses of the country.
About Delhi Stock Exchange (DSE): DSE is the second largest exchange in India in terms of number of scrips listed with 2833 companies. It is establishing a new Online Trading Platform namely Delhi Online Trading System (DOTS-08) for cash, derivatives and debt segments with state-of-art technology.