29 companies in the stock market are being delisted

29 companies that have been in the OTC market for a long time are being delisted or liquidated. Companies will be liquidated from the stock market in accordance with the law. Out of the remaining companies in OTC, 23 companies are going for small cap. Of these, 6 companies are in operation. The remaining 18 companies are not in operation. Alternative platforms are also being formed with 16 OTC companies. This information has been known from BSEC sources.

In this regard, BSEC Executive Director and Spokesperson Mohammad Rezaul Karim said, 29 companies are being canceled from the stock market. They have to be canceled according to the rules of cancellation. Out of the remaining companies, 23 companies will transact at SM, Law Cap. Alternative trading platforms will be formed for 16 companies. He said the companies will complete everything for small cap and alternative trading within the next one month. Then the transactions of the companies will start.

29 companies are being liquidated from the stock market

Arabic Textiles, Azadi Painters, Bangladesh Chemical Industries, Bangladesh Dyeing and Finishing Industries, Bangladesh Luggage Industries, Bangladesh Zipper Industries, Chai Tex Limited, Eagle Star Textiles, German Bangla JV Food, Gulf Foods, Hill Plantation, Garment Washing and Dyeing, Mack Enterprise Price, Mack Paper Industries, Phoenix Leather Complex, The Engineers, Tulip Dairy and Food Products, Padma Printers, Bangladesh Plantation, Khwaja Mosaic Tiles, NGZ, JH Chemical Industries, Mesghna Vegetable Oil Industries, Mark Bangladesh Ship and Engineering and Rupon Oil and Feeds Limited.

6 companies in production: Apex Weaving and Finishing Mills, Bangladesh Hotels Limited, Bengal Biscuits, Gachi Hata Farm, Himardri Limited, Wonderland Toys and Yusuf Plour Mills Limited.

18 companies in SME from non-production-

Al Amin Chemical Industries, Alpha Tobacco Manufacturing, Aman Seafood, Ashraf Textile, Bangladesh Electricity Meter, Bangladesh Lip Tobacco, Bengal Fine Chemical, Bionic Seafood , Therapeutic Bangladesh and Jago Corporation Limited.

16 companies to go to ATB -

Bangla Process Industries, Dandy Dyeing, Dynamic Textile Industries, Metalex Corporation, Mita Textile, Modern Cement, Modern Industries, Muna Feed Products, Perfume Chemical Industries, Petro Synthetic Products, Pharmacos. Rose Haven Ball Pen, Saleh Carpet Mills, Sreepur Textile Mills and United Air Bangladesh Limited.