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Friday, February 09, 2001

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NSE to suspend trading in Banaras Beads

MUMBAI: The equity shares of Banaras Beads Ltd will be suspended from trading on the National Stock Exchange with effect from February 21, for non-compliance with the listing agreement of the exchange.

An exchange release said that a notice was sent to the company seeking reasons for non-compliance with the provisions of the listing agreement. The company, however, failed to provide a satisfactory response to the notice. In view of this, the exchange h as decided to suspend trading. -- Our Bureau

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