BSE, NSE announce suspension of trading in shares of Kingfisher Airlines
BSE, NSE announce suspension of trading in shares of Kingfisher Airlines
The drastic step was taken for non-compliance to timely reporting of financial results for two consecutive quarters.

Mumbai: In a major blow to Vijay Mallya, top exchanges like Bombay Stock Exchange and National Stock Exchange have announced suspension of trading in shares of Kingfisher Airlines from December.

The announcement which was made on Friday also includes UB Engineering, a part of Mallya's conglomerate- United Breweries Limited.

The drastic step was taken for non-compliance to timely reporting of financial results for two consecutive quarters.

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