NSE is India’s leading stock exchange with 85% market share in the Equity cash segment and 99% market share in the Equity Derivatives segment.
As such, one expects the Exchange to be managed with a high degree of professional competence.
But sometimes,the shenanigans at the Exchange takes one breath away.
Take for instance, the strange case of K A Wires Ltd (NSE Symbol: KAWIRES)
This company is listed on NSE and has filed its quarterly shareholding pattern for Q2 FY2016-17
As on 30 September,2016, the promoter shareholding of this company is 100% (ONE HUNDRED PERCENT) !!
How can such a company even get listed?