On the trade date 04-Sep-2024, three securities have been listed under the ban category. This means traders will not be able to initiate fresh positions for these securities on the mentioned date. The listed securities are Aditya Birla Fashion & Retail Limited (ABFRL), Balrampur Chini Mills (BALRAMCHIN), and Hindustan Copper Limited (HINDCOPPER).
ABFRL: Aditya Birla Fashion & Retail Limited
Aditya Birla Fashion & Retail Limited, commonly known as ABFRL, serves as a compelling participant in India’s fashion and retail sector. It has made a significant mark with its extensive brand portfolio and impressive market presence. Despite its widespread popularity, stringent regulations and trading norms necessitate its inclusion in the ban list for 04-Sep-2024.
BALRAMCHIN: Balrampur Chini Mills
Balrampur Chini Mills, abbreviated as BALRAMCHIN, is one of the largest sugar manufacturing companies in India. The company has a substantial engagement in ethanol and cogeneration segments as well. The inclusion of Balrampur Chini Mills in the trading ban list hinders active trading, aligning with regulatory measures for a specific duration.
HINDCOPPER: Hindustan Copper Limited
Hindustan Copper Limited, represented by the ticker HINDCOPPER, is a central public sector enterprise involved in copper mining and production. It is known for its diverse operations and strategic significance in the mining sector. Nevertheless, HINDCOPPER joins the ban list for securities on 04-Sep-2024, following compliance norms and market regulations.
Investors and traders should take note of these updates and plan their trading activities accordingly. Ensuring compliance with regulatory announcements helps in maintaining market integrity and operational synchrony.