MUMBAI, Jan 15 (Reuters) - The National Stock Exchange said
trading of shares in Deccan Chronicle Holdings Ltd
would be suspended from Jan. 23, saying the newspaper publisher
failed to provide shareholding and financial information.
The NSE said Deccan Chronicle had not provided financial
results and information on shareholding patterns as required for
The exchange also said Deccan Chronicle had not provided a
corporate governance report or a share capital audit report.
Deccan shares plunged 84.5 percent last year as the company
struggled to repay debts. The media company was forced to sell
an Indian Premier League cricket franchise for various defaults.
NSE also announced trading in shares of IOL Netcom Ltd
would also be suspended on Jan. 23 after the company
failed to provide financial results.
(Reporting by Rafael Nam; Editing by Prateek Chatterjee)