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MARKET EYE -India's Essar Oil slumps below delisting floor price
November 20, 2014 / 8:13 AM / 3 years ago

MARKET EYE -India's Essar Oil slumps below delisting floor price

* Essar Oil Ltd's shares slump as much as 6.4 pct to
lowest since July 18.
* Trades below proposed delisting floor price of 108.18 rupees.
 
* Traders cite uncertainty about Essar's delisting procedure in
light of new SEBI rules.
* The securities regulator on Wednesday approved changes to
insider trading and delisting rules. 

 (abhishek.vishnoi@thomsonreuters.com /
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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