Synergy Bizcon Ltd has informed BSE that:
'Company had made an application for listing of 1,23,25,000 equity shares on trading platform of National Stock Exchange of India Limited (NSE). In this regards, our Company does not meet the following eligibility criteria prescribed by the Exchange.
'The Company has to pay dividend in at least two out of the last three financial years immediately preceding the year in which listing application has been made or Company has distributable profits in at least two of the last three financial years or the networth of the Company is to be at least Rs. 50 crores'.
Therefore, the application for listing of equity shares of our company is not being considered by the NSE.'