Struggling ABG Shipyard will not be delisted in India after re-complying with stock exchange rules.
The Bombay Stock Exchange had warned the company's shares would be suspended from 27 March unless it met listing requirements by 21 March.
ABG was not in compliance with regulations regarding financial results for two consecutive quarters up to September last year, the exchange said.
The shipyard's banks are currently seeking to change the ownership of the company and are seeking an investor.
It
