Data suggest that over ₹7,000 cr of investor wealth could be stuck in these stocks

No clear definition of shell companies and lack of clarity over what prompted SEBI or the Ministry of Corporate Affairs to identify 331 companies as suspect shell companies can cost investors dear. Following SEBI’s directive to the stock exchanges, BSE and NSE have moved 162 and 48 companies respectively, into Stage VI of the Graded Surveillance Measure (GSM). These stocks will not be availabl...