ABG Shipyard share are being suspended by Bombay Stock Exchange (BSE) after it failed to comply with listing regulations.
The Financial Express reported that BSE will halt trading from 27 March, but ABG has until 21 March to meet the requirements and avoid the action.
BSE has also ordered the freezing of controlling shareholders' stock with immediate effect.
ABG was not in compliance with regulations regarding financial results for two consecutive quarters up to September last year, the exchange said.
Fines
