New Delhi, March 26 -- The Securities and Exchange Board of India (Sebi) revoked the trading suspension on the shares of Bharat Global Developers Ltd, a company listed on the BSE. The suspension imposed through an interim order of 23 December, amid concerns of fraudulent activities and misleading disclosures, will be lifted two days after the company disseminates its provisional financial numbers for FY 2024-25 on the exchange, but no later than 15 April 2025.

The suspension was revoked on 26 March after the Securities Appellate Tribunal (SAT) directed Sebi to examine the fitness of Bharat Global's new management. While acknowledging the concerns raised in its initial interim order, Sebi noted the hardship faced by the company's signific...