Categories
Observations

Nonsense at NSE

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?

Leave a Reply

Your email address will not be published.